Roots of Our Current Inflation: A Deeply Flawed Monetary System
It is the fiat monetary system itself, not deflation, that helps create the unstable conditions that lead to financial crises.
It is the fiat monetary system itself, not deflation, that helps create the unstable conditions that lead to financial crises.
Last year, Joe Biden and his administration claimed that inflation was "transitory." This year, Vladimir Putin gets the blame. Next year, Biden will blame American businesses. And the beat goes on.
While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.
The passing of Professor George Ayittey stills a powerful voice for free markets in Africa.
Mises Institute president Jeff Deist will speak on Friday, May 13th at the annual Free Market Medical Association conference!
The typical mainstream economic view of interest rates ignores an important factor: individual time preferences.
With members of Congress claiming that the Russian invasion of Ukraine somehow threatens the US homeland, it is time to tell the truth about the military threats to this nation.
The EU is a prime example of a tendency toward territorial expansion and political centralization.
Imposing economic sanctions upon Russia is tantamount to throwing gasoline on a raging fire. The sanctions will not end the Russian invasion of Ukraine and only will make things worse.
For all the talk of decolonialization, many Third World countries that became independent set up regulatory regimes that mirrored their former "mother" country.