The Failure of the Federal Reserve: The Covid Boom and Unnecessary Intervention
The Federal Reserve’s failure to meet its own policy goals of price stability and growth has become increasingly evident in the current economic situation in the United States. The country is now facing recessionary fears after experiencing historic inflation due
Phil Simon on Tectonic Changes in the Workplace
Austrian economics recognizes change as a constant and provides guidance for adapting to it and managing it. Change is changing for business — it’s faster and more fundamental in the digital age. Austrian economics can help even more as a
Wars Cost More Than You Think
Ryan and Zachary talk about how wars are not nearly as cheap or economically harmless as many Americans seem to think. Rather, taxpayers must give up enormous amounts of resources to fund wars halfway across the globe that have little
Expensing Is Key in Any Pro‐Growth Tax Package
Adam N. Michel As Congress searches for policies to meet our current economic challenges, maintaining full expensing—which has begun to phase out—should be top of the list. Full expensing protects business investment from the costs of inflation and supports economic
Steve Ballmer’s New Public Sector 10‑K Report Illustrates Weaknesses in Government Financial Disclosure
Marc Joffe Each April, USAFacts, a not‐for‐profit information provider founded by former Microsoft CEO Steve Ballmer, issues a report on the condition of US federal, state, and local governments. Ballmer’s release takes the form of a 10‑K Report, like those publicly listed corporations produce
America’s Violent Extremists: Past Tragedies, Future Threats
Patrick G. Eddington Twenty‐eight years ago today, two Army veterans utilized a truck bomb in Oklahoma City to kill 168 people, including 19 children. It was the high watermark of right‐wing violent extremist activity in the 20th century, justified by its key
Cancel Culture: The Digital Panopticon
Like Bentham's panopticon, modern cancel culture is built upon fear and online bullying, making people police their own thoughts. Original Article: "Cancel Culture: The Digital Panopticon" This Audio Mises Wire is generously sponsored by Christopher Condon.
Climate protectionism
From the WSJ (World’s First Carbon Import Tax Approved by EU Lawmakers): The European Union’s parliament approved legislation to tax imports based on the greenhouse gases emitted to make them, clearing the final hurdle before the plan becomes law and enshrines
The Economics of Arts and Culture
To describe anything in human life without the context of economics is to erase the reasoning behind why it even exists. Why do we need reasons for items and concepts to exist? Because it is helpful for every human to
Waco 30 Years Later: It Is Not an Atrocity if the Feds Do It
Thirty years ago, FBI tanks smashed into the ramshackle home of the Branch Davidians outside Waco, Texas. After the FBI collapsed much of the building atop the residents, a fire erupted and 76 corpses were dug out of the rubble. Unfortunately,