U.S. Economy

In the latest episode of Mises Weekends, Jeff Deist and Yuri Maltsev discuss Socialism, Fascism, and Trumpism.

This week, the dangers of the authoritarian PC culture was driven to the forefront of the national conversation by students at Mizzou. Fortunately, Mises Scholars launched a pre-emptive strike against PC and the degenerating university system at last weekend's Mises Circle in Phoenix. 

Social Security has never involved legally-binding contracts between the government and those who allegedly “pay in.” Nevertheless, the government has long pretended that there is a contract, except when it gets in the way of raising taxes to keep the program afloat.

There were many state and local elections in the US this week, but few of them will result in anything that will combat widely held and popular errors about central banking, drug prohibition, and the global environment.

Given the current state of the economy, the Fed appears quite unlikely to raise interest rates any time soon. But what will it do if the economy starts to really go south?

Jeff Deist and Bill Bonner consider various ugly endgames for the US dollar.

In spite of past assurances to the contrary, our central planners at the Federal Reserve emerged this week to announce that their zero-interest-rate policy will continue. Is the world coming to realize that the emperors have no clothes?

When we adjust for the cost of living, we find that more economically free states in the US are richer, happier, and endure less poverty than the high-tax highly regulated states. Consequently, many people continue to move from less-free states to more-free states.

It was another volatile week for stocks, Canada slipped into recession, and we’re left wondering if central banks will let interest rates rise in the face of a weakened global economy.

College towns like Auburn, Alabama are booming with more luxury apartments and seemingly more of everything else, too. But the story really began far away in Washington, DC where the Federal Reserve targets interest rates.