Tag Archives: 6b) Mises.org

According to the popular way of thinking, our knowledge of the economy is elusive. Consequently, the best that we can do is to attempt to ascertain some facts of economic reality by applying various statistical methods to the so-called macro data. For instance, an economist is of the view (i.e., he has a theory) that consumers’ outlays on goods and services are determined by personal disposable income and the interest rate. The personal disposable income and the...

At 146 million, the population of Russia is smaller today than it was in 1989—when it was 147 million. Russia’s population is expected to decline even more. Some estimates conclude Russia’s population could fall below 100 million by 2100. This continues a trend that was already in place across the Soviet Union at the time of that state’s collapse. Union-wide population peaked at around 290 million in the late 1980s, and has never recovered.Like many Western wealthy...

While geopolitical commentators are fixated on Russia’s border with Ukraine, a more interesting development is slowly boiling underneath the surface of the Russo-Ukrainian conflict that could potentially reorder international relations—namely, the death of the North Atlantic Treaty Organization (NATO). Founded in 1949, NATO began with only twelve member nations. Presently, NATO counts on thirty member nations, with national security elites in the Anglo-American...

In the National Income and Product Accounts (NIPA), savings are established as the difference between disposable money income and monetary outlays. Disposable income is defined as the summation of all personal money income less tax payments to the government. Personal income includes wages and salaries, transfer payments, income from interest and dividends, and rental income. The NIPA framework is based on the Keynesian view that spending by one individual becomes...

Monetary inflation results in a general rise in prices, often called “price inflation.” But rising prices are not always “inflation.” In any case, more government regs and subsidies won’t help. Original Article: “When Higher Prices Are Not Inflation” Back to 2020, the federal government’s covid-mandated shutdown of meat production plants hobbled the nation’s meat production capabilities, leaving farmers with nowhere to send their beef. This resulted in them...

Bob continues his series on Klaus Schwab, explaining the WEF’s plans for redesigning the world, and providing quotes from Schwab’s book on the fourth industrial revolution. Mentioned in the Episode and Other Links of Interest: Part 1 of this series The WEF’s bio for its founder, Klaus Schwab Schwab’s books The Fourth Industrial Revolution and Covid-19 and the Great Reset The WEF’s Global Redesign Summit and the Global Redesign Initiative Nick Buxton’s article on...

Bob starts a series looking into Klaus Schwab, founder of the World Economic Forum and, along with Prince Charles, proponent of the “Great Reset.” Mentioned in the Episode and Other Links of Interest: Klaus Schwab and Prince Charles promoting the “Great Reset” The World Economic Forum’s page on the Great Reset An example of a session from the WEF’s Davos Agenda 2021 conference The WEF’s bio for its founder, Klaus Schwab Schwab’s books The Fourth Industrial...

The Fed’s Federal Open Market Committee (FOMC) released a new statement today purporting to outline the FOMC’s plans for the next several months. According to the committee’s press release: With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate. The Committee decided to continue to reduce the monthly pace of its net asset purchases, bringing them to an end...

Neil Sedaka said it best – “breaking up is hard to do”. Ask any 16-year-old and they’ll tell you that’s certainly true, but Rep. Marjorie Taylor Greene (R-GA) recently made headlines when she suggested not just a breakup, but a “National Divorce” on social media. Of course, there was the typical incoherent shrieking and pearl clutching from progressives, neoconservatives, and other lizard-people, but there was also general acknowledgement from many regular folks that...

The Federal Reserve now owns $2.6 trillion in mortgages. That means about 24 percent of all outstanding residential mortgages in this whole big country reside in the central bank. Original Article: “The Federal Reserve Keeps Buying Mortgages” Runaway house price inflation continues to characterize the U.S. market. House prices across the country rose 15.8% on average in October 2021 from the year before. U.S. house prices are far over their 2006 Bubble peak, and...