Tag Archives: 6b) Mises.org

Keynesians and other economists believe the central bank can influence economic growth via monetary policy but that it may bring inflation. Thus, if the goal is faster economic growth and lower unemployment, then the economy may pay the price with a higher inflation rate. There is supposedly a tradeoff between inflation and unemployment, described by the Phillips curve: the lower the unemployment rate, the higher the rate of inflation; conversely, higher unemployment...

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 Condon.  [embedded content] Tags: Featured,newsletter

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 now even Mexico. And you will pay for it all. Will the voters demand a more sane foreign policy in 2024? [embedded content] Recommended Reading "The Costs of War in Syria" by Ryan McMaken (2013): Mises.org/RR_124_A "A Permanent Wartime...

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, Facebook, Google, etc. is very simple: we will look at your ads if you give us a service for free. The deal did not include censorship. But what is society to...

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.  [embedded content] Tags: Featured,newsletter

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 by more than $1.7 trillion—the largest deficit reduction in American history,” which implied that we should only look at a short run effect which had little, if anything, to do with the policies he adopted, in evaluating...

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 of the past two years. Since April 2021, money supply growth has slowed quickly, and since November, we've been seeing the money supply contract for the first time since the 1990s. The last time the...

We can be sure that the "natural elites" of which Hans Hoppe wrote are not among the Davos crowd. That group of "elites" has an agenda, and it is not liberty and free markets. Original Article: "The Attack of the Subversive Elites" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content]...

“Governments create money all the time. We do that for war.” “This whole notion that you run government like you run a household…is a complete myth”Economist Prof Mariana Mazzucato tells #Newsnight Government’s should address social issues through taxhttps://t.co/P0zxS1DNGF pic.twitter.com/I6NLtXgDqN— BBC Newsnight (@BBCNewsnight) March 6, 2023This is the argument for more money printing, and perhaps unlimited money printing, recently advanced by Professor Mariana...

What if America’s elite told the truth? It seems a ridiculous question to ask. It’s obvious to most of us here that our politicians, bureaucratic managers, and state-associated business leaders hardly ever tell the truth. What use is it for us to ask, “What if?” There seems to be a considerable amount of social pressure urging us to abandon our better judgment, not for the sake of reason, but for cooperation. If we don’t, the uncritical mob will label us “conspiracy...