The Never-Ending Battle between Leviathan and Liberty
Listen to the Audio Mises Wire version of this article.
The V-Shaped Recovery Never Happened
In a display of unconvincing enthusiasm, NBC reported today that payroll employment “surged” in February. Specifically, total nonfarm payrolls (seasonally adjusted) grew 379,000 month over month, which was above the expected increase of 210,000.
“Jeffrey, this is Murray. Murray Rothbard.”
I was sitting in my office at Washington and Jefferson College chatting with my department chairman, Felix Livingston. It was late spring of 1988. When the phone rang, Felix motioned for me to take the call. “Hello, this is Jeff Herbener.” “Jeffrey this is Murray, Murray Rothbard.” “Dr. Rothbard…” As soon as the words left my mouth, Felix stood up, nodded his head approvingly and left me to my conversation. Murray asked me about my background, what I had been reading, and projects I was working on.
What Rothbard’s Defense of Religion Teaches Us about Resisting the Covid State
The EU’s Woes Are a Political Problem, Not an Economic One
Buy Any Bond Necessary
This month marks the anniversary of the pandemic induced stock market crash, inducing government launched emergency credit facilities, aided by the Fed who announced it would purchase:
Treasury securities and agency mortgage-backed securities in the amounts needed to support smooth market functioning and effective transmission of monetary policy...
The True Cost of Taxation Is Much Higher Than Your Tax Bill
Rothbard’s Underappreciated Contributions to Public Goods Analysis
The Economics and Ethics of Government Default, Part II
In Search of M2
The money supply is a vital part of the economy, yet seldom understood. Still both nebulous and contentious, the “M2 Money Stock” remains the most popular and broadest measure of money, now standing at $19.3 trillion. It’s understandable for the average person to not know much regarding its importance, but what excuse does the Chair of the Federal Reserve, Jerome Powell, have?
