- Downloads:
- The Misesian Sept Oct 2024.pdf
Here’s the prediction for 2025: prices will rise and purchasing power will fall. The national debt will continue to skyrocket. The central bank will then force down interest rates—by printing money—to facilitate trillions more in borrowing for the federal government. There will be no cut to federal spending. Taxes will go up, either through tariffs or some other tax. Meanwhile, the “inflation tax” will impose a growing burden on ordinary people. The United States will be funding and supporting militarism and war across the globe.
We don’t need to know who wins the November election to make these predictions. All these things will happen no matter who wins.
From the Editor—September / October 2024
The American state has relied on the tools of monetary and fiscal stimulus to inflate its way out of every new economic crisis. The core of our out-of-control interventionist economy will not be touched by the election of either Harris or Trump.
The Great Retreat: How Trump and Harris Are Looking Backward
Neither the Trump nor the Harris proposals indicate they have any idea of how to deal with stagflation. Instead, they call for more government intervention—Trump for tariffs and Harris for more individual and business taxes and for energy policies. Woe be to us!
The Damage Done By Our Inflationist Regime
After years of relentless monetary inflation, the Fed can't fix our present inflationary malaise. The only long-term solution is sound money.
The Presidency Is the Greatest Threat to Our Freedoms
The presidency—by which I mean the executive state—is the sum total of American tyranny. A world with any superpower at all is a world where no freedoms are safe.
Reconstructing Reconstruction
James Ronald Kennedy is right that the policy of centralized despotism that Lincoln instituted has continued down to the present and has enslaved us all.
New Austrian Insights
It should be clear from the articles in this book that the Austrian School is thriving. Per Bylund has rendered a great service in bringing the scholarship in A Modern Guide to Austrian Economics to our attention.
