Listen to the Audio Mises Wire version of this article. On March 18, Joe Wiesenthal of Bloomberg Markets had MMT economist Stephanie Kelton on the show . If you’re not familiar with MMT, they think governments should print more money because deficits aren’t a big deal. At one point in the show, Wiesenthal asked, “If we don’t need to worry
On Saturday, El Salvador’s president [Nayib Bukele] shook the Bitcoin world by announcing a plan to make Bitcoin legal tender in his country. Details will emerge over time, but even this early it looks like a very big deal. So I wanted to get some quick thoughts on paper. First off, will it happen? Lots of bills are introduced about Bitcoin but
A few days ago Tucker Carlson did a video about the elite “anti-human death cult” that’s using “climate change” to reverse the Industrial Revolution. Returning us to an age where abject poverty—even famine–was a daily reality while freedom was a distant memory. During the 15-minute interview, Michael Shellenberger said something that bears
It’s Christmas on Wall Street as the long-awaited pivot is here, with Jerome Powell announcing the Fed’s giving up on inflation and turning to that long-promised recession. The Federal Reserve dot-plot, which measures Fed members’ rate projections, went dovish — meaning inflationary — for the first time since the pandemic. Bloomberg was
For the first time in our nation’s history, 30 year olds are doing worse than their parents. In other words, we killed the golden goose. Last week, Professor Scott Galloway went on an epic rant on MSNBC laying out for his well-heeled hosts exactly what young people are going through right now. Rattling off the numbers, for Americans born in 1951 —
El 18 de marzo, Joe Wiesenthal de Bloomberg Markets tuvo a la economista de la TMM Stephanie Kelton en el programa . Si no estás familiarizado con la TMM, piensan que los gobiernos deberían imprimir más dinero porque los déficits no son un gran problema. En un momento del programa, Wiesenthal preguntó: «Si no tenemos que preocuparnos por los
El sábado, el presidente de El Salvador [Nayib Bukele] sacudió el mundo del Bitcoin al anunciar un plan para que el Bitcoin sea de curso legal en su país. Los detalles irán surgiendo con el tiempo, pero incluso en este momento parece un asunto muy importante. Así que quería poner por escrito algunas ideas rápidas. En primer lugar, ¿se llevará a
Hace unos días, Tucker Carlson hizo un vídeo sobre el «culto a la muerte antihumano» de la élite que está utilizando el «cambio climático» para revertir la Revolución Industrial. Devolviéndonos a una época en la que la pobreza abyecta —incluso el hambre— era una realidad cotidiana, mientras que la libertad era un recuerdo lejano. Durante la
Es Navidad en Wall Street, ya que ha llegado el tan esperado pivote, con Jerome Powell anunciando que la Fed renuncia a la inflación y se vuelca en esa tan prometida recesión. El dot-plot de la Reserva Federal, que mide las previsiones de tipos de los miembros de la Fed, se volvió dócil —es decir, inflacionista— por primera vez desde la pandemia.
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.