Tag Archives: Featured

The latest Canadian housing data showed a slight uptick in prices and a pause from 2022’s correction, and a new wave of dip buyers has already begun to call this a buying opportunity, as if valuations at ten times average annual income and 50 percent more expensive than their cash flows were anything but still extremely overvalued. This is merely the most recent development in what appears to be the end of Canada’s massive housing bubble and the beginning of a...

Although equality and "equity" are modern buzzwords, the only way to reach such a social nirvana is through violent means. Do we really want to go there? Original Article: "Equality Requires State Violence" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content] Tags: Featured,newsletter...

The Revolt against Humanity: Imagining a Future without Usby Adam KirschColumbia Global Reports, 2023; 100 pp. Aristotle says in book 1 of the Nicomachean Ethics that “happiness, therefore, being found to be something final and self-sufficient, is the End at which all actions aim.” The Greek word eudaimonia, “happiness” in this edition, is often translated as “flourishing.” Isn’t it obviously true that you want your life to flourish? Of course, all sorts of bad...

Are NASA contracts propping up the private space industry? Or are Government regulations stifling the private space race? Dr. Eli Dourado, Senior Research Fellow with the Center for Growth and Opportunity at Utah State University, joins Bob to discuss the recent "successful failure" of the exploded SpaceX launch and the differences between government and privately funded space travel. Dr. Dourado on NASA contracting private companies to build their shuttles:...

As markets settle down after the last set of bank failures, political elites claim the crisis is behind us. But it is not over, not by a long shot. Original Article: "No, the Financial Crisis Is Not Over" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content] Tags: Featured,newsletter

The human tendency to kill what one fears asserted itself on April 4, 2023, as a Manhattan district attorney called Donald Trump into his office to issue a vague threat. What crime Trump was being charged with is known only to Alvin Bragg, but the rest of the world is left playing a guessing game. Trump supporters are rallying everyone with a heartbeat to support their candidate. It’s survival time. Even a few Trump haters are finding a way to support Trump. Not that...

Overview:  The market took a dovish message away from the Bank of Japan and sent the dollar above JPY136, its best level since March 10 and spurred a sharp rally in JGBs. Japanese equities led the rally among the Asia Pacific markets. Europe has not been able to follow suit. It disappointed with Q1 GDP (0.1% rather than 0.2%). The Stoxx 600 is of about 0.3%, leaving it off about 1.3% this week, its first weekly loss since the middle of March. US equity futures are...

Scalia: Rise to Greatness, 1936–1986by James RosenRegnery Publishing, 2023496 pages James Rosen, who has written biographies of John Mitchell and Dick Cheney, and was for many years a reporter for Fox News, is a neoconservative and Reagan Republican. He has found an ideal biographical subject in Antonin Scalia, a Reagan Republican, who served for thirty years on the Supreme Court. The volume under review, the first of two, covers the time from Scalia’s birth to his...

What if the world’s states were to come together and create a single world currency? From a purely economic point of view, there would be significant advantages if every nation didn’t operate with its own money but with the same currency. Not only for an individual economy, but for the world economy as a whole, the optimal number of currencies is one. Let’s take a look. The decisive factor is how this single world currency comes about, and who issues it. In a free...

On Sunday morning, March 12, Treasury Secretary Janet Yellen told CBS there would be no bailouts. Later in the day the Fed declared quantitative easing to infinity and beyond. What’s going on? Quite simply, the Fed is willing to overpay for debt (again). They call it the Bank Term Funding Program (BTFP), and as far as one can tell, its dollar value is limitless. The term sheet reads: Program: To provide liquidity to U.S. depository institutions, each Federal Reserve...