The Price-Gouging State
Politicians and the media are blaming businesses for inflation when, in fact, the skyrocketing prices of nearly everything have a government stamp on them.
Mises Wire
Yes, the US Government Has Defaulted Before
While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises.
Another Recession Sign: Part-Time Work Is Growing Faster than Full-Time Work
A shift from full-time-driven employment to part-time-driven employment is usually an indicator of a coming recession. That shift happened in January's jobs numbers.
Managing Money Is as Important as Making It: The Sad Case of Athletes Going Broke
The recent case of retired megastar Usain Bolt losing millions of dollars to bad investments highlights the importance of sound money management.
Why Mises’s Theory of Economic Calculation Still Is Relevant Today
Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy.
Subsidizing Higher Education Is Not Creating Widespread External Benefits
Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people.
The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments
Economists and pundits mistakenly call the Federal Reserve System's security holdings a portfolio. It is anything but.
Argentina and Brazil Look to Establish a Common Currency
Two nations famous for hyperinflation now look to create a common currency. Unless that currency is gold, this is a bad idea.
It’s Never Too Late to Begin Protesting against the Proposed Central Bank Digital Currency
The proposed central bank digital currencies are not a new and convenient high-tech form of money. Instead, they are yet another power grab by government authorities, continuing the shameful history of government corruption of money.
Ominous Parallels Reconsidered
Having given a harsh review to Leonard Peikoff’s Ominous Parallels four decades ago, David Gordon revisits the book.
