Rising Interest Rates May Blow Up the Federal Budget
In fiscal year 2020, at the height of covid stimulus mania, Congress managed to spend nearly twice what the federal government raised in taxes. Yet in 2021, with Treasury debt …
Mises Wire
Fossil Future with Alex Epstein
When it comes to energy and the environment, Americans not only get the wrong facts, arguments, and narratives–they get the wrong philosophy. Alex Epstein, who recently published perhaps the most …
Independence Day: America’s Subversive Holiday
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss a recent Mises Wire article about how the state uses holidays as a culture war weapon. Independence Day …
A Perfect Storm Is Brewing in Banking and Finance
Forget Jerome Powell’s fanciful “soft landing” or the notion that the Fed can pull another rabbit from its hat. The banking system is headed for a crash and monetary authorities …
War Spending Gives MMTers and the Left a Strong Talking Point
Time and time again, prowar spending concedes one of the Left’s most convincing points. As Assal Rad tweeted recently, we will have sent $54,000,000,000 to Ukraine in less than 4 …
144 Million Americans Now Live in States with Legal Recreational Marijuana
Were these cannabis-legal states to combine to form their own country, it would be the tenth-largest country in the world. Original Article: “144 Million Americans Now Live in States with …
What Will It Take to End Rampant Home-Price Inflation?
Real wages are falling, inflation is at a 40-year high, and the Atlanta Fed predicts we’ll find GDP growth at zero for the second quarter. Meanwhile, both the yield curve …
How Money Printing Destroyed Argentina and Can Destroy Others
Inflation in Argentina is far worse than neighboring countries. It has only one cause: an extractive and confiscatory monetary policy—printing pesos without control and without demand. Original Article: “How Money …
How Bad Were Recessions Before Creation of the Fed? Not As Bad As They Are Now
With a recession looming over the average American, the group to blame is pretty obvious, this group being the central bankers at the Federal Reserve, who inflate the supply of …
A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes
African economies aren’t being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes. Original Article: “A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and …