President Biden makes the false claim that wind- and solar-generated electricity are cheaper than power generated from coal and oil. Original Article: "Wind and Solar Are NOT Cheaper than Coal and Oil" [embedded content] Tags: Featured,newsletter
Read More »Is Boycotting Target a Legitimate Protest or an Act of Terrorism?
According to progressive elites, it is terrorism if consumers boycott businesses because of their leftist policies. Original Article: "Is Boycotting Target a Legitimate Protest or an Act of Terrorism?" [embedded content] Tags: Featured,newsletter
Read More »There Are No Constraints on Us Government Borrowing
In this week's episode, Mark reviews what people have said about Fitch's downgrade of US government debt. Mark sees it as a good thing, but not good enough. The "minor issue" in the latest debt ceiling agreement is ignored by the mainstream media: politicians suspended the debt ceiling into 2025, rather than raising it to some arbitrary, higher figure. Be sure to follow Minor Issues at Mises.org/MinorIssues. [embedded content]...
Read More »What Is the Right Inflation Target for Central Banks?
Why have central banks settled on a 2 percent price inflation target? Project Syndicate asked four economists about this target and whether it is still appropriate. I’ll summarize their answers and then consider Mises’s position on “stabilization policy.” Four Economists’ Answers to “Is 2 Percent Really the Right Inflation Target for Central Banks?” Michael Boskin, Stanford University professor, Hoover Institution senior fellow, and former chair of the Council of...
Read More »Flying into Foolishness: The DOJ “Saves” Consumers from Low-Cost Airlines
Yet again, the government destroyed a business partnership that not only promised but actively delivered benefits to consumers. The Northeast Alliance (NEA), a partnership between airline companies JetBlue and American Airlines, was ruled against in federal court after a battle with the Department of Justice (DOJ). Like the rulings of cases that came before it, this antitrust action is void of common sense. The NEA clearly does not establish a monopoly. JetBlue makes...
Read More »Soft landing? Not likely
As Fed staffers no longer predict an impending recession, economists on social media are all assuring themselves that Americans are in store for a "soft landing." Mises Fellow Jonathan Newman joins Bob to explain why the data still support the case for recession and point out the eerie similarity to the calm before the storm in 2008. Robert Lucas' Nobel Prize Winning Lecture: Mises.org/HAP407a Bob's Eerie Article from 2007 on the Recession: Mises.org/HAP407b...
Read More »A Conversation with Prince Michael of Liechtenstein
On November 15, 2021, almost twenty-one months ago, I once again had the rare and delightful opportunity to have a conversation with Prince Michael of Liechtenstein. His insights, especially with his directness and unequivocal honesty, have frequently provided me with a lot of food for thought in the past. This interview was no different. His candid and unfiltered responses to a wide variety of questions and topics made this conversation as illuminating as it was...
Read More »Want to Follow Your Dreams? The First Step Involves Hard Work
Adults tell young people to follow their dreams, but one cannot follow one's vision without realizing what it takes to get there. Original Article: "Want to Follow Your Dreams? The First Step Involves Hard Work" [embedded content] Tags: Featured,newsletter
Read More »Praxeology with Good Huemer
Michael Huemer has made my life easier. One of my tasks at the Mises Institute is to teach praxeology to students, and doing so involves explaining a priori knowledge (i.e., what we can know just by thinking about it), a notion which many students find difficult to grasp. The task becomes even harder when you add that the a priori knowledge in question is “synthetic” knowledge that isn’t analytically true but that we can still know to be true just by thinking about...
Read More »Trump Indicted for Crimes Against Democracy
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at the latest indictment of Donald Trump. While many are exhausted with the theater of modern politics, DC's escalating attacks reveal the state's true anatomy. Any challenge to the state's legitimacy — like questioning an election — must be crushed. Recommended Reading "The United States vs. Donald J. Trump" by Tho Bishop: Mises.org/RR_145_A "If Congress Were Genuinely Interested in...
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