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Excess Mortality in The US Has Plummeted to Pre-Covid Levels

Blog3 hours ago

By mid March, total excess mortality was back within one percent of 2019 levels. In other words, the number of deaths in the US is collapsing back to where it was before the official start of the pandemic. 

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The Media Wants You to Trust Washington Again Now That Trump Is Gone

Blog5 hours ago

Perhaps reporter Michelle Kosinski is unaware that the Trump-era secrecy she denounced flourished mightily thanks to the beloved Obama administration. Kosinski’s mindset also helps explain why Americans' trust in the media has collapsed.

Why Fungibility Is Important in Understanding Money and Crypto

Blog6 hours ago

One of the most in-demand aspects of physical cash is that it is totally fungible. Every dollar is the same as every dollar. But cryptocurrencies can leave a digital trail which may lead to later problems in fungibility. 

3 Ways the Tech Oligarchs' New Subsidy Is Ripping You Off

Blog9 hours ago

When it comes to the oligarchs' new semiconductor subsidy scheme, the real cost in terms of economic distortions, lost welfare, and harm to competitors, is quite real and beyond the dollar amounts we see in the subsidy itself. 

Boom to Bust: How Inflation Turns into Deflation

Blog05/12/2021

Seemingly endless amounts of fiscal and monetary stimulus will keep prices rising in the near term. But if the banking sector and other bubble industries weaken, we will eventually see deflation as new loan activity lessens. 

Jeff Herbener and Bob Murphy Discuss the Pure Time Preference Theory of Interest

At the 2021 AERC, Jeff Herbener presented a defense of the pure time preference theory of interest, and mentioned Bob’s critique of it. This episode is a very informative discussion of their views.

Babbitt Is Back

Blog05/11/2021

The people selling us democracy believe in it the same way George F. Babbitt believes in a new listing from the Babbitt-Thompson Realty Company.

Biden's Family Leave Is Yet Another Attack on the Family

Blog05/11/2021

Only a bureaucrat would assume that putting a small child in public school is just as effective as keeping the child at home with a parent. Unfortunately for Biden, the research isn’t on his side.

We Cannot Build an Economy on Lies

Blog05/11/2021

American journalists and academics have invented a fairy tale in which "free market orthodoxy" has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again. 

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