Throwing Printed Money at This Problem Won’t Make It Go Away
The crisis we faced in 2008 has not gone away, as we failed to heed its warning to change course and reduce debt levels. Instead, it has become bigger and more dangerous.
The crisis we faced in 2008 has not gone away, as we failed to heed its warning to change course and reduce debt levels. Instead, it has become bigger and more dangerous.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Kodak's newly announced $765 million loan is just another case of DC picking winners and losers.
Bob first observes that the Left (institutionally) hates Christianity, and that standard explanations, such as its alleged bigotry, don't explain why the Left gives Islam a pass.
The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.
Jeff Deist joins David Gornoski on A Neighbor's Choice to discuss Biden’s call for mask mandates, moving on from the lockdowns, and how to realistically deal with the virus.
Bob asks Tom about his early career in economics, and then they discuss the various ways in which Abe Lincoln was actually a horrible president.
To succeed, entrepreneurs must demonstrate superior foresight and judgment, and practice continuous dynamic improvement in their assembly and reassembly of assets to serve the consumer.
As a follow-up to his discussion on MMT with Rohan Grey, Bob goes solo to explain the basic cash balance framework for thinking about money, inflation, and debt.
Dr. Walter Block joins the show to discuss Rothbard's breakthroughs on monopolies and cartels, and to draw downward-sloping demand diagrams for us!
In response to my article last week opposing the use of federal soldiers and federal agents on the streets of American cities, my inbox and the article's comment section filled up with readers claiming that it most certainly is the job of the US federal government to step in and take control of US cities against the will of the state and local governments.
Debt and recession in the United States are big problems. But in both cases, metrics show a better situation in the US than in the eurozone.
For the foreseeable future, war between Armenia and Azerbaijan will be on the table, occasionally turning hot, just as it has in the last weeks. This conflict has no peaceful solution possible other than the one offered by Ludwig von Mises.
Yes, there are still the people buying into the fear, ratting out their neighbors, etc. But I'm seeing a lot more of the opposite: people recognizing who the enemy is here, and that it is not their neighbors.
Trump's executive order providing a short deferment on payroll taxes is not really a tax cut. But many voters may perceive it as one.
No doubt, many of Harris's detractors will call her radical or a tool of the far left. The reality is actually far more alarming.
Although it's easier to buy guns in Indiana and Wisconsin than in Chicago, homicide rates are lower in those states than in either Illinois or Chicago.
For the foreseeable future, war between Armenia and Azerbaijan will be on the table, occasionally turning hot, just as it has in the last weeks. This conflict has no peaceful solution possible other than the one offered by Ludwig von Mises.
The "experts" intend to keep locking populations down again and again until there's a vaccine. But what if there's no vaccine coming?
As 20 million Americans fall into unemployment, no crisis is so big that anyone in Washington would think of cutting military spending, including dollars spent on military gear for cops.