Tag Archives: 6b) Mises.org

The sudden resignation of Japans Prime Minister Shinzo Abe has led to evaluations of his so-called Abenomics. Many have praised Abe’s aggressive monetary policy because the long shopping list of the Bank of Japan (government bonds, corporate bonds, ETFs and real estate investment trusts) has inflated stock and real estate prices (Shirai 2020; Financial Times 2020). Concerns remain on the fiscal side since Abe’s consumption tax hikes from 5 percent to 8 percent in...

Rather than choose among a group of narcissists desperate to become popular by redistributing the income of others, why not choose officeholders by lot for a single term? This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Our Politicians Would Probably Be Better If We Picked Them by Lot​“. You Might Also Like Why Fed Bugs Really, Really...

In the first presidential “debate” (I use that word creatively), Joe Biden hinted that he would order a national lockdown in order to “defeat” the covid-19 virus, and there certainly seems to be a consensus in the media and among political elites that if there is another “outbreak” of covid, then the “shelter in place” order will be the law of the land. Many businesses certainly are making plans for such an order, this time not wanting to be caught unprepared as they...

That’s a question USA Today posed to three “policy experts on the left and the right” in this recent article. The responses, while unsurprising, were nevertheless disappointing. For libertarians, economic inequality itself is not problematic, as long as it is in the context of an unfettered market economy free of government privileges and interference. Of course, that’s not what we have. But instead of advocating for a more free economy to address inequality, the...

Governments that redistribute wealth and regulate our daily lives are inherently corrupt. We cheapen the word “corruption” when we reserve it for just a few politicians who break the arbitrary rules. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “Most Everything Governments Do Should Be Regarded as ‘Corrupt’“. You Might Also Like The...

The wealth gap between white and black Americans is frequently discussed. Today it’s becoming popular to attribute disparities to black culture. Clearly all cultures are not equal, but can the subculture of some black American communities explain variations within the wealth gap? For instance, fifty people in an inner-city neighborhood may engage in maladaptive activities; however, their actions are atypical of the broader black community. Discussing this issue is...

The best social policy is one that supports job creation and rising wages. Entitlements do not make a society more prosperous, and ultimately drive it to stagnation. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer​“. You Might Also Like Walter Berns and the Cult of...

Following the ideas of John Maynard Keynes and Milton Friedman, many commentators associate economic growth with increases in the demand for goods and services. Both Keynes and Friedman held that the Great Depression of the 1930s was due to an insufficiency of aggregate demand and that thus the way to fix the problem was to boost aggregate demand. For Keynes, this could be achieved by having the federal government borrow more money and spend it when the private...

Bob reads from an article recently tweeted out by the NEA, which calls for an end to schooling as we know it in order to promote anti-racism. He then discusses what the Fed has been up to since the coronavirus panic began. Mentioned in the Episode and Other Links of Interest: The YouTube version of this episode (with lots of visuals). Karlyn Borysenko’s YouTube episode on the NEA tweet. Jamilah Pitts’ article on school transformation. Fed article talking about...

Today’s headlines announced Donald and Melania Trump “tested positive” for covid-19. Another claims nineteen thousand Amazon workers “got” covid-19 on the job. Both of these pseudostories are sure to ignite another absurd media frenzy. As always, the story keeps changing: Remember ventilators, flatten the curve, the next two weeks are crucial, etc.? Remember Nancy Pelosi in Chinatown back in February, urging everyone to visit? Remember Fauci dismissing masks as...