The truth will out.
by Mises Institute First, we must define inflation: it is the increase in the quantity of money, currency, and credit. It is not an increase in prices. Changes in the general price level is the consequence of a combination in changes of the quantity of deposit currency and changes in the level of the public’s […]
by Lipton Matthews via Mises Institute America’s decision to withdraw troops from Afghanistan was greeted with disdain in some quarters. But so far, most pundits have explored this debacle from the vantage point of foreign affairs by either lamenting the decline of American influence or lauding the move as a justified containment of an aggressive […]
by Matt Ray via Mises Institute For more than a century, an inflationary monetary policy has plagued the United States. Most recently, price inflation has become the most obvious consequence of the Federal Reserve’s actions to the public. Other effects, while less visible, have been no less pernicious. Indeed, inflation is particularly insidious because rising […]
by Daniel Lacalle via Mises Institute Senator Elizabeth Warren recently stated that rising prices were due to corporations increasing their profits. “This isn’t about inflation, this is about price gouging for these guys.” It is simply incorrect. No, corporations have not doubled their profits, and rising prices are not due to the evildoings of businesses. If evil […]
by Ryan McMaken via Mises Institute Lee esto en Español A Democratic state lawmaker in Illinois has introduced legislation requiring unvaccinated residents to pay out-of-pocket for healthcare services. It’s all part of an effort to come up with new and creative ways to punish people who refuse to get the covid jab. WBBM Radio in […]
by Doug French via Mises Institute Charlie Munger defines old school. The ninety-seven-year old is partners with Warren Buffett at Berkshire Hathaway. He’s lived and invested through a few booms and busts in his nearly a century on earth. Speaking to the Sohn conference in Sydney, Australia, Munger said “I consider this era an even […]
by Thomas E. Woods, Jr. via Mises Institute These remarks were delivered in March 2007 at a Cato Institute conference called What Should Be a Culture of Enterprise in an Age of Globalization? Although supporters of the market economy often have good reason for pessimism, it is important, especially in this age of globalization, not […]
by Ryan McMaken via Mises Institute According to new data released Friday by the Bureau of Labor Statistics, price inflation in November rose to the highest level recorded in nearly forty years. According to the Consumer Price Index (CPI) for November, year-over-year price inflation rose to 6.8 percent. It hasn’t been that high since June […]
by Liam Cosgrove via Mises Institute Let me be clear from the start: I do not know the degree to which vaccine mandates have played a role in the massive voluntary exodus from the workforce. I do, however, know that any true journalist would at least entertain the possibility that the two are correlated. Finding such a […]
by William L. Anderson via Mises Institute Almost anyone who follows social media is familiar with the latest tweets by Senator Elizabeth Warren, who has pronounced her verdict on higher food and gasoline prices: they are nothing less than the result of corporate greed. In fact, according to Warren, there is no inflation, only corporations arbitrarily […]
by Alice Salles via Mises Institute Parents across America were caught unprepared for the mass closure of government schools in 2020. Soon after, however, many decided they and their children had had enough of the status quo. Now at a crossroads, will they choose reform or repudiation? The wave of ill-advised school shutdowns last year […]
by Daniel Lacalle via Mises Institute United States consumer confidence has plummeted to a decade-low in November. The University of Michigan’s consumer sentiment index fell to 66.8 in November, down sharply from the October figure of 71.7 and well below consensus forecasts of 72.4. Inflation is hurting consumers and the impact on daily purchases is more […]
by Kristoffer Mousten Hansen via Mises.org Throughout the corona “pandemic” the Holy Grail of public health officials has been vaccination: only by vaccinating enough people—first the elderly and infirm, then all adults, and now even children—can the nefarious virus be beaten. As vaccination has proven less than wholly successful in preventing the spread of coronavirus, […]
by Ryan McMaken via Mises.org The Thanksgiving holiday in the United States has a checkered past. Its more recent origins lie largely in government attempts at pushing propagandistic narratives. For example, Abraham Lincoln demanded Americans be thankful for “the advancing armies and navies of the Union” during the Civil War. George Washington instructed Americans to give […]
by Daniel Lacalle via Mises.org High oil prices are a symptom of economic and monetary imbalances, not just a consequence of Organization of the Petroleum Exporting Countries (OPEC) decisions. Throughout history, we have seen how OPEC cuts have done little to elevate prices when diversification and technology added to rising efficiency. Likewise, OPEC output increases do […]
by Ryan McMaken via Mises.org In a surprising development, Republican governor Kevin Stitt has refused to implement the Biden administration’s vaccine mandate. This has placed the governor directly at odds with Pentagon brass and with the White House as it aggressively attempts to enforce its latest vaccine mandate for all military personnel. The Washington Post sums up […]
by Ryan McMaken via Mises.org Both Bloomberg and the cannabis industry publication Marijuana Moment now report that Republican Congresswoman Nancy Mace is preparing to introduce new legislation ending the federal prohibition on marijuana. According to Bloomberg: A Republican bill to legalize marijuana at the federal level in the U.S., expected to be unveiled soon, would […]
by Frank Shostak via Mises.org Writing in the Investment Monitor on March 18, 2021, Klaus Schwab, the founder of the World Economic Forum, was urging the replacement of the present economic system. According to Schwab, the present system is deficient, since it only benefits a small minority of the population while leaving all the others at a […]
Wow! This is an incredible interview — and a bit scary! Yuri Maltsev, former member of a senior Soviet Union economics team working under President Mikhail Gorbachev, discusses how the United States is descending into socialism. Maltsev also notes that many of President Biden’s policies are eerily reminiscent of those pursued in the Soviet Union. […]
by José Niño via Mises Institute No country is safe from the Eye of Sauron that is the modern-day American national security state. Even some of the US’s ostensible allies can’t escape its all-seeing eye. Hungary and Poland, both members of the North Atlantic Treaty Organization (NATO), have faced significant criticism from the chattering classes […]
by Ryan McMaken Mises.org Last month, the Center for Politics at the University of Virginia released a new study which showed that, at least among those polled, “roughly 4 in 10 (41%) of Biden and half (52%) of Trump voters at least somewhat agree that it’s time to split the country, favoring blue/red states seceding […]
by William L. Anderson Mises.org In his first year in office, President Joe Biden has made it absolutely clear that he wants to make the oil and natural gas industries disappear. While even a progressive like Biden knows that it would be economically (and, one would hope, politically) disastrous to destroy those industries during his […]
by Daniel Lacalle Mises.org In the economy, real economic return on investment is not just an important metric. It is crucial. That is why I find it so intellectually dishonest when some economists look at the GDP and employment growth without putting it in the context of the massive increase in debt, spending, and money supply. […]
written by Michael Roberts Mises.org Over the past half decade, there has been a growing trend signaling a shift in the perceived and accepted role of science. It is not uncommon to see slogans and mottos such as “the science is settled” and “believe in science.” Statements like this present two major problems: first, science […]
written by Mark Avis Mises.org All over the world, populations have been locked up, have become fearful, and none of it can be justified. Looking at the UK, the overall death rate for 2020 is not unprecedented, and some of the increase in the death rate is likely the result of an incomprehensibly bad covid […]