When the Boeing 737 MAX had two crashes, the usual suspects called for more regulation. It turns out that the crashes were due more to regulatory failure than anything else. Original Article: "Boeing 737 MAX Disasters' Root Cause Was Government Regulation" This Audio Mises Wire is generously sponsored by Christopher Condon. [embedded content]...
Read More »Who Are the Wealth Destroyers, Politicians or Billionaires?
Politicians like Elizabeth Warren and Alexandria Ocasio-Cortez are demanding that successful entrepreneurs be taxed into oblivion. The real parasites are the politicians who destroy wealth instead of creating it. Original Article: "Who Are the Wealth Destroyers, Politicians or Billionaires?" This Audio Mises Wire is generously sponsored by Christopher Condon. [embedded content]...
Read More »The RESTRICT Act Launches a New War on Free Speech
The bipartisan RESTRICT Act—marketed as a "Tik Tok ban"—is properly named because it will restrict freedom, empower the state, and expand government surveillance. Original Article: "The RESTRICT Act Launches a New War on Free Speech" This Audio Mises Wire is generously sponsored by Christopher Condon. [embedded content]...
Read More »Marxists Have a Plan for Housing: Make Sure There Is Less Available
As governments create a housing crisis, Marxists call for policies that will make the crisis worse. Original Article: "Marxists Have a Plan for Housing: Make Sure There Is Less Available" This Audio Mises Wire is generously sponsored by Christopher Condon. [embedded content] Tags: Featured,newsletter
Read More »Eye on Apple
Mark looks at the price of Apple stock—one of the best performing stocks over the last quarter century, and one of the largest holdings in stock indexes, mutual funds, and Berkshire Hathaway portfolio. Market watchers have kept a keen eye on Apple as it heads for a new all-time high; but, Mark is concerned that a downturn would have a huge ripple effect on the overall market—possibly equivalent to a tsunami. Be sure to follow Minor Issues at...
Read More »How the Fed Rules and Inflates
[From chapter 23 of The Case Against the Fed.] Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system. Pursuant to its essence as a post-Peel Act Central Bank, the Federal Reserve enjoys a monopoly of the...
Read More »The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On
Continued inflation inevitably leads to catastrophe. —Ludwig von Mises Consumers’ behaviors cause the consumer price index (CPI) broad heading of food to understate the real or wallet level of inflation. It is much worse than the top line statistic—it is a serious offense to the poor and fixed-income citizens. The CPI measures nominal dollar changes based on month over month and year over year for 299 items. The year ending December 2021 posted an overall CPI of 3.4...
Read More »Will AI Steal Our Jobs (or End Us)?
Professor Per Bylund joins Bob to debunk the worries over AI and to question whether the latest version of chatbots should even be called "intelligent." Per on Robots Taking your Jobs: Mises.org/HAP392a [embedded content] [embedded content] Tags: Featured,newsletter
Read More »Real Wages Fall for Two Years Straight as “Transitory” Inflation Turns Stubborn
The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data last week, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in twenty-three months. According to the BLS, Consumer Price Index (CPI) inflation rose 5.0 percent year over year in March before seasonal adjustment. That’s down from February’s year-over-year increase of 6.0 percent, and February is...
Read More »Biden’s Wealth Tax Is a Trojan Horse Requiring Multiple Manipulations
President Biden pushes a wealth tax as a measure of "fairness." Not only is it unconstitutional, but it's also bad for the economy. Original Article: "Biden's Wealth Tax Is a Trojan Horse Requiring Multiple Manipulations" This Audio Mises Wire is generously sponsored by Christopher Condon. [embedded content] Tags:...
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