Dr. Jonathan Newman joins Bob to break down the data used in a popular productivity vs. pay graph. They show why you should be wary of charts coming from agenda-driven institutions and how you can spot manipulated data. The charts mentioned during this episode are available at: Mises.org/HAP414Charts Gene Epstein on the Bob Murphy Show: Mises.org/HAP414a The Economic Policy Institute 2022 Paper: Mises.org/HAP414b The Economic Policy Institute 2015...
Read More »Dollarization in Argentina Will Not Promote Freedom
Javier Milei’s sensational performance in the Argentinean presidential election primary confirms the very real possibility that an anarchocapitalist who quotes Rothbard and Mises could become Argentina’s next president. If elected, there is little doubt that Milei will implement proposals aimed at profoundly reshaping Argentina’s economy along free market lines. Unfortunately, a controversial idea to fully dollarize the Argentinean economy seems to have become his...
Read More »Is the US Banking System a House of Cards Waiting to Topple?
Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it. Original Article: Is the US Banking System a House of Cards Waiting to Topple? [embedded content] Tags: Featured,newsletter
Read More »“Social Justice” Is Neither Social nor Just
Social Justice Fallaciesby Thomas SowellBasic Books, 2023; 224 pp. Thomas Sowell has given us a penetrating criticism of the approach to justice taken by many political philosophers, especially John Rawls and his innumerable followers. He says that they construct an image of the way society ought to be but fail to ask whether their plans are feasible. His criticism is well-taken, although he does not offer an adequate account of the rights that people have. He says...
Read More »August Price Inflation Accelerated, and the Fed Fears More Is in Store
The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data last week, and according to the report, price inflation during August accelerated, coming in at the highest year-over-year increase in three months. According to the BLS, Consumer Price Index (CPI) inflation rose 3.7 percent, year over year, in August before seasonal adjustment. That’s up from July’s year-over-year increase of 3.2 percent, and August is the twenty-ninth month...
Read More »Striking Autoworkers Will Only Harm Their Own Livelihoods
Autoworkers are angry at their working situation and are striking for higher wages and a shorter work week. Their anger is misdirected. Original Article: Striking Autoworkers Will Only Harm Their Own Livelihoods [embedded content] Tags: Featured,newsletter
Read More »The dark secrets of Swiss gold | Part 1 #switzerland #gold
An investigation by Swiss media RTS and Neue Zürcher Zeitung (NZZ) revealed that a Swiss precious metal refiner imported gold from a Dubai-based refinery accused of money laundering and trading gold from conflict areas. The authorities had already warned the Swiss refiner, so why didn't they sanction it? Stay tuned for part two to find out! 🔗Or click here to read the full story: https://www.swissinfo.ch/eng/the-dark-secrets-of-switzerland-s-largest-gold-refinery/48802284
Read More »How do universities work in Switzerland? // #switzerland #unviersity #education
Swiss universities regularly rank high in international surveys and attract a large number of foreign students. 📚 In this explainer we look at which universities there are, how can students access them and where do foreign students fit in. Click here to find out more: https://www.swissinfo.ch/eng/explainer--understanding-the-swiss-higher-education-system/48739682 --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland...
Read More »Swiss universities: what to choose and how to access them
Swiss universities regularly rank high in international surveys and attract a large number of foreign students. In this explainer we look at which universities there are, how can students access them and where do foreign students fit in. In the Times Higher Education (THE) World University rankings in 2020, Switzerland had more top-200 universities per capita than any other country. Each year around 258,000 students enrol at a Swiss higher education institution. Currently, 44% of...
Read More »The heist of the century – Dangerous Millions Episode 6
When former Malaysian Prime Minister Najib Razak came to power in 2009, he announced the creation of a public investment fund called 1MDB, intended to finance development projects for the country's infrastructure. But five years later, when investigative journalist Clare Brown looked into this forgotten subject, she discovered that almost $2 billion borrowed from international banks had never been invested in roads or hospitals around the country – instead it had been spent on luxury...
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