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Home / Tag Archives: 6b) Mises.org (page 93)

Tag Archives: 6b) Mises.org

Default by Inflation Is the Real Drama in the Global Debt Market

The real drama of default in global markets has not been the federal debt ceiling negotiations in Washington but the write-off by inflation. The issue of whether it turns out that the US Treasury for a few weeks has been slow in servicing its debts—with all delays subsequently rectified—is a sideshow. We could regard this as camouflage for the ongoing real write-off operation. In this, countries led by the US, where a great inflation emerged during the pandemic and...

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Myth #2: Deficits Do Not Have a Crowding-Out Effect on Private Investment

Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists. In this program, we present another part of "Ten Great Economic Myths". This material was prepared by Murray N. Rothbard. In recent years there has been an understandable worry over the low rate of saving and investment in the United States. One worry is that the enormous federal deficits will...

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Fossil Fuels Enable Us to Better Fight Fires and Other Environmental Disasters

This week we’ve seen a relatively unprecedented environmental phenomenon in New York City. Canadian wildfires have led to the worst air quality New York has ever had—and the worst air quality anywhere in the world right now. The air has taken on a sepia tint, and the city looks like the setting of a postapocalyptic movie. Many individuals are blaming the situation on climate change and calling for mass government intervention. Alexandria Ocasio-Cortez, for example,...

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David French Gets to Sit with the Cool Kids at the NYT Lunch Table

Most of us would like to forget many of the unpleasant aspects of our adolescence, and especially our days in middle and high school. No matter what the school setting, private or public, every place had its “cool kids” who ruled over the rest of us, especially in the school cafeteria. Journalism has its own version of the “cool kids,” those being reporters and writers from larger media outlets such as the New York Times (NYT) or from network news. In the past few...

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Commodity Prices Debunk the “Blame Ukraine” Excuse for Inflation

Most politicians have used the “Ukraine invasion card” to justify the massive inflationary burst in 2021-2023. It does not matter if inflation was already elevated prior to the war. Supply chain disruptions, demand recovery, wage growth… Many excuses were used to justify inflation, except the only one that can make aggregate prices rise in unison, which is the creation of more units of currency well above demand. Inflationists will blame inflation on anything and...

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Secession Means More Choices, More Freedom, Less Monopoly Power

[This article is Chapter 1 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities. Now available at Amazon and in the Mises Store.] Because of their physical size, large states are able to exercise more state-like power than geographically smaller states—and thus exercise a greater deal of control over residents. This is in part because larger states benefit from higher barriers to emigration than smaller states. Large states can...

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