mccarthy gaetz

The House Showdown: Separating Truth from Outright Falsehoods

Blog8 min ago

Read the New York Times (or even National Review) and you'll learn that the budget standoff is between congressional “adults” and right-wing House nutjobs. This is not the case.

graph with usa flag and dollar

Fed Forecasts: Financial Sport or Costly Distraction?

Blog10/03/2023

Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best.

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Economic PolicyProtectionism and Free TradeU.S. EconomyWar and Foreign Policy

Cotton Pickin' Sanctions

Blog10/03/2023

On yet another crusade, US authorities have sanctioned Chinese cotton imports. The sanctions won't change Chinese policies but they will create hardships for many.

Cronyism and CorporatismLibertarianismProgressivismProtectionism and Free TradeStrategy

Tyranny, Inc.: How “Beltway Libertarians” Failed to Convince Conservatives

Blog10/03/2023

From the various compromises pushed by "Beltway Libertarians" to the anti-free market rhetoric of conservative Sohrab Ahmari, government intervention has a lot of new friends. This will not end well.

The FedMonetary TheoryMoney Supply

True Money Supply Is the Correct Measure of Inflation, Not Consumer Price Index

Blog10/02/2023

The common belief is that inflation is the general rise in consumer prices. However, rising prices are a symptom of inflation, which really is expansion of the money supply.

EntrepreneurshipFiscal TheoryProduction Theory

Public Goods Viewed through Entrepreneurship

Blog10/02/2023

One of the canards of mainstream economics is that only government can provide the "optimum" number of nonrivalrous, or public, goods. Austrian economists have never accepted that theory.

How Is the Fed Insolvent and Why Should We Care?

09/30/2023Mises Media

Alex Pollock explains to Bob the mechanics of the Fed's current insolvency and its implications for ordinary Americans.

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09/30/2023Mises Wire

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The Data Shutdown—Smokescreen?

09/30/2023Mises Media

The Federal Reserve is playing its typical confidence game.

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