I’m at the Society for Benefit Cost Analysis conference in DC
This is the first in-person SBCA conference since 2019 following a cancelled 2020 conference and online conferences in 2021 and 2022. I organized two sessions on environmental nonmarket valuation and, in my opinion, they turned out great. The sessions were put
Readying the War State: Biden Recommits to Protectionism in the SOTU
President Biden's call for more protectionism isn't aimed improving the US economy. Instead, it is about creating a war-footing autarky. Original Article: "Readying the War State: Biden Recommits to Protectionism in the SOTU" This Audio Mises Wire is generously sponsored by Christopher Condon.
Ready for Retirement? Fewer and Fewer Americans Are Saving for that Time
Thus, the nearly half the adults in America who haven’t saved remain childlike and live in barbarism. For those who are saving, volatile markets point to a less-than-cozy retirement for the majority. Last year’s beat down of the average 401(k) plan
The Coming Recession Will Be a Global One
While the Biden White House claims we are on a steady course of prosperity, the more realistic future is that of a global recession. Original Article: "The Coming Recession Will Be a Global One" This Audio Mises Wire is generously sponsored by Christopher
Can Congress Cancel Biden’s Endless Wars?
Ryan McMaken and Tho Bishop look at how the regime's narrative on foreign policy is failing, and how some in Congress are finally standing up to the warfare state. Yet, the regime wants more US wars in Syria, Ukraine, and
The Censored Generation
The Censored Generation Incredulity. Astonishment. Disgust. Anger. It is these feelings—amongst others—that describe the general reaction to the revelations of the Twitter Files and other egregious episodes of Big Tech censorship of the electronic public square. The implicit deal with companies like Twitter,
Saudi Arabia’s Quandary: The End of the Petrodollar
As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar. Original Article: "Saudi Arabia’s Quandary: The End of the Petrodollar" This Audio Mises Wire is generously sponsored by Christopher Condon.
Fiscal Illusion and Entitlements
As the State of the Union address and subsequent pronouncements have made clear, American politics is in the firm grip of fiscal illusion. One example is President Biden’s bragging that “In the last two years, my administration has cut the deficit
Money Supply Growth Went Negative for the Third Month in a Row, and Is Near a 35-Year Low
Money supply growth fell again in January, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. January's drop continues a steep downward trend from the unprecedented highs experienced during much