A Bank Crisis Was Predictable. Was the Fed Lying or Blind?
Welcome to Whose Economy Is It, Anyway?, where the rules are made up and the dollars don’t matter. Or at least that seems to be the view of the Yellen regime.
Mises Wire
Government Is as Government Does
If we have learned anything from hundreds of years of government oppression and atrocities, one thing is certain: government isn't our friend.
The Phillips Curve Is an Economic Fable
Keynesians and fellow travelers hold the Phillips curve to be sacrosanct. But because the Phillips curve cannot establish causality, it is useless as economic theory.
How Easy Money Killed Silicon Valley Bank
The incredible growth and success of SVB could not have happened without negative rates, ultra-loose monetary policy, and the tech bubble that burst in 2022.
Is the Silicon Valley Bank’s Failure Another “Canary in the Coal Mine”?
The FDIC's takeover of Silicon Valley Bank should make us take a hard look at the damage the Federal Reserve has done. Will other banks face the same fate?
The Fed’s Huge Monetary Overhang Keeps Job Totals Up as Real Wages Fall
The current job market strength partly reflects the ongoing monetary overhang from years of breakneck growth in money-supply inflation. The $6 trillion in money that was newly created since 2020 is still very much a factor.
The Balfour Declaration
Teaching high schoolers economics means teaching Austrian principles.
Ready for Retirement? Fewer and Fewer Americans Are Saving for That Time
Because of inflation and a lack of a savings ethic, Americans are less prepared for retirement than ever. The numbers are discouraging.
Yearning for Beauty in the Truth of Economic Thinking
Those adhering to Austrian Economic thinking see the beauty in concepts coming together and providing a way to truthfully assess human action.
Why Biden’s Spending Is Unsustainable
It's popular for politicians to claim they will never cut Social Security. But doing nothing now about the program means imposing an even larger hit on seniors in the future.
