Half of June’s Job Growth Was in Government. Manufacturing Jobs Fall.
June‘s job growth was hailed in the media as proof of a strong economy. Except there‘s a problem: fully half of these new jobs were government jobs.
Mises Wire
Establishment Democrats Created the Conditions for A Socialist Victory
The democratic establishment is upset that socialist Zohran Mamdani beat their candidate, Andrew Cuomo, in New York City’s mayoral primary. But the blame for socialism’s rising popularity lies mostly on their own shoulders.
The Labour Party Is Undermining the British Economy
Britain‘s Labour Party won an overwhelming victory at the last election, and Prime Minister Keir Starmer has already following the script of Labour when it was run by communists. Already, a large number of wealthy taxpayers have left the country for lower tax havens.
Emphasizing the Mirage, Downplaying the Reality
As housing prices have skyrocketed in Ireland, the government did what governments do all too often: impose rent controls. Such interventions into the housing market have created downstream effects that continue to encourage even more intervention.
After 50 Years of US-Government-Sponsored Housing Finance: Why Are Houses So Unaffordable?
After more than fifty years of US government-sponsored housing finance, why has home ownership not increased and why are houses unaffordable?
A Half-Century after New York City’s Fiscal Collapse, the City’s Politicians Have Learned Nothing
Voters in last week‘s Democratic Primary in New York City had to choose between a socialist and a crony capitalist. They chose the socialist. Fifty years ago, establishment politicians drove the city into de facto bankruptcy. A new generation of political elites are doing the same.
The American Revolution Was a Culture War
The Boston Tea Party was an opening act in what came to be a violent culture war and war of national liberation. And it helps us understand how America could become as bitterly divided as it was during the revolution.
A Free Market Would Preclude Today’s Headlines
Our media, higher education, and, of course, governments tell us that our social and economic problems are due to capitalism. Yet, what we see are governments bringing us inflation, chaos, and the horror of war. It's time we abandon the fiction that governments "serve the people."
Establishment Democrats Created the Conditions for A Socialist Victory
The democratic establishment is upset that socialist Zohran Mamdani beat their candidate, Andrew Cuomo, in New York City’s mayoral primary. But the blame for socialism’s rising popularity lies mostly on their own shoulders.
Steve Hanke on Hyperinflation, Currency Boards, and the COVID Lockdown Debacle
Professor Steve Hanke joins Bob to discuss why COVID lockdowns were an unprecedented policy blunder and how currency boards provide an effective solution to hyperinflation.
