According to new employment totals released today by the Bureau of Labor Statistics, the US economy added an estimated 147,000 payroll jobs, month-over-month, in June. This was celebrated in the media and among financial commentators as a sign of great economic performance during the month. Except there’s a problem: fully half of these new jobs were government jobs.
Welcome to Virtual Mises University 2024! This is the digital version of the Mises Institute’s week-long Mises University seminar held in Auburn, Alabama. Here you will find audio and video recordings, lecture slides, Mises U schedule, suggested readings, and information about the faculty. All information and course materials will remain available even after Mises U ends. We are very happy to have you following along online with the on-campus students.
[Chapter 80, “Was the American Revolution Radical?,” from Murray N. Rothbard’s Conceived in Liberty, vol. 4, The Revolutionary War, 1775–1784.]
Recently almost all of the Irish media trumpeted the fact that a popular property website Daft.ie reported the average Irish rental to be in excess of €2,000 per month for the first time. A show-stopping, shocking revelation, a metric that chilled the bones of those subjected to the drumbeat of breathless media reporting and the positive glee of opposition politicians (for whom the metric was a stick with which to beat the current government).
The government’s actions are eroding the confidence of major businesses in the British market. The financial community has expressed skepticism regarding Keir Starmer’s claims and has not shown significant interest in investing in arms production. Concurrently, the super-rich have initiated a financial exodus from the UK.
