Biden’s Inflation Narrative Dies as Price Growth Rises to a Seven-Month High

According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in March rose to a seven-month high, and price inflation hasn’t proven nearly as transitory as the regime’s economists have long predicted. 

According to the BLS, Consumer Price Index (CPI) inflation rose 3.5 percent year over year during March, without seasonal adjustment. That’s the thirty-seventh month in a row of inflation well above the Fed’s arbitrary 2 percent inflation target. 

The Siren Song of Equality

The “racial equality” debates are characterized by evolving concepts and terminology in a constant search for better ways to express the ideals and values of the protagonists. The mantras of “diversity, equity, and inclusion” (DEI) are now under increasing attack as several states move to ban DEI programs.

Invasion Alert

Many Americans care about the dangers of mass immigration. Are they right to be concerned? In what follows, I’ll try to show that they are right. Immigration of elements hostile to American values does indeed pose a grave threat. But, if we are libertarians, don’t we have to defend “open borders”? I will argue that we don’t.

One of the most obvious reasons mass immigration is a problem is its immense cost—hundreds of billions of dollars. A post from November 2023 that appeared on Judicial Watch explains:

McConnell Cannot Stop the Non-Interventionist Tide

Even Republican stalwarts like current Senate Minority Leader Mitch McConnell are starting to notice that something is shifting in the party. While McConnell announced recently that he would step down as Republican leader in the US Senate, in an interview last week he was adamant that he would continue to serve out his term in the Senate with one purpose in mind: “fighting back against the isolationist movement in my own party.”

He sounds worried.

Finklestein’s Folly: How Not to Discredit One’s Opponents

The ongoing Israeli-Palestine conflict continues to captivate podcasters and listeners. So, Lex Friedman tapped into this interest by assembling a panel of experts to debate the issue. However, his decision to invite online personality Destiny as a commentator to defend Israel elicited criticisms, as Destiny is a college dropout who was parachuted to fame as a videogame streamer before becoming a political commentator.

“Desire Paths” and the Problem with Central Planning

I recently attended the Austrian Economics Research Conference, which is held annually at the Mises Institute on the campus of Auburn University. After an inspiring day of presentations, I began my trek back to the Auburn University Hotel. As I made my way down the sidewalk, I found myself walking along a well-trodden dirt path. Soon enough I was back on the sidewalk, and I turned around, quickly realizing I had taken the “wrong” path. The correct one entailed taking a sharp left turn, walking up a set of stairs, and then continuing along the sidewalk at the top.

Landen Terrell 2024

Landen Terrell is a 2025 Mises Academic Summer Intern and an undergraduate student at Oklahoma State University

Let’s Be Honest: The Economy Is NOT Doing Well

The American economy is not all right. But to see why, you need to look beyond the dramatic numbers we keep seeing in the headlines and establishment talking points.

Take, for instance, the latest jobs report. For the third month in a row, the American economy added significantly more jobs than most economists had been expecting—a total of 303,000 for March. On its face, that’s a good number.

Eduard Bucher is a graduate of the Mises Institute’s MA program in Austrian Economics.

Is Gold Overpriced or Can Its Price Go Even Higher?

This question has been at the center of a great many conversations I’ve been recently having with clients and friends. The way I like to answer it is with another question: Expensive compared to what?

Despite its recent surge to record highs, there are compelling reasons why purchasing gold right now is a prudent decision, with strong indications that its value is poised to climb even higher. Making investment decisions solely based on the current price of any asset without considering its underlying value or future potential can be prove to be a very costly mistake.