Tag Archives: 6b) Mises.org

Naomi Wolf has taken on the American medical bureaucracy for its lies and malpractice in dealing with covid. Original Article: Battling Beasts and Bureaucrats: Naomi Wolf and the American Medical-Government Police State [embedded content] Tags: Featured,newsletter

Quit College—or Better Yet, Don’t Even Start When I was in university a decade ago, this was some wacky, contrarian advice. It wasn’t unheard of for intellectual, middle-class youngsters to opt out of college, and it was still the early days of efforts like Praxis, but realistically there didn’t seem to be any alternatives. So, I went to university because that’s where you learn things and become a grown-up . . . or something. These days, half of American parents say...

Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars. Original Article: Federal Flood Insurance Drains Taxpayers [embedded content] Tags: Featured,newsletter

​Why are we using state money instead of market money? Put another way, why can’t we select the money we want to use? Cryptocurrencies are a market alternative, but they haven’t put state money out of business yet. If they ever threaten to do so, the state can prohibit them. Market money is sound because of two essential features. First, it represents the market’s choice of a universally accepted medium of exchange, and second, it shackles government to a great...

The field of behavior economics downplays the role of purposeful praxeology in economics. Austrian economics does not make that error. Original Article: Reason versus Emotion in Economics: A Praxeological Response [embedded content] Tags: Featured,newsletter

The countries have changed, but the story remains the same. Wealthier countries try to “invest” by lending money to African regimes, where the money disappears. This time, China is the big lender. Original Article: No Monetary or Political Bailouts for Belt-and-Road Initiative Debtors [embedded content] Tags:...

Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money. Original Article: Cut through the Media Noise, and Remember the Economic Priorities [embedded content] Tags: Featured,newsletter

On this week's episode, Mark looks at the financial condition of the government and of American citizens on the cusp of the next recession. The financial condition of the United States Treasury, the Federal Reserve, and the American citizenry is weak; debt is high and rising, and this is very worrisome in an economic environment of rising interest rates and a weakening global economy. Please share this episode with a curmudgeon. The U.S. Debt Clock: USDebtClock.org...

My grandfather used to sing to me, “Good, better, best / never let them rest / till the good is better / and the better is best.” I appreciated that lesson and have been applying it to try to make sense of a recent bill signed by California governor Gavin Newsom. While the bill may be the result of Newsom’s grandfather singing to him about “bad, worse, and worst,” I have determined it is more likely a case of bad/worse/worst economic thinking. It exposes a level of...

Sovereign debt is eating the world. Lining up a financial crash that could make 2008 look like a picnic. How did we get here? In short, governments and central banks deluded themselves into thinking that unlimited deficit spending financed by unlimited money printing won't do what they've done for literally millennia -- plunge the economy into stagflation. They are, of course, wrong. And we're seeing the catastrophe unfold before our eyes. From Nixon to $33 Trillion...