Mises Wire Today it is conclusive that Africa’s socialist experiments failed, as did the state-led development approach. Not only was the heavily statist approach unable to develop African economies, but it made poverty …
The most dangerous words in monetary policy and economics are “this time is different.” Argentine politicians’ big mistake is to believe that inflation is multicausal and that everything is solved with …
A Google engineer is in hot water for claiming the company’s chatbot tech had become sentient. Meanwhile, Jerome Powell presumes to fight inflation technocratically, by raising the Fed Funds rate …
The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect. Original Article: “Are Technology Shocks Responsible for Business Cycles? In a Word, No.” This Audio …
While Americans angrily grit their teeth while filling their gas tanks, the very first United States special presidential envoy for climate said: This year, we have to implement those promises …
The Federal Reserve’s Federal Open Market Committee (FOMC) today announced an increase of 75 basis points to the target federal funds rate, raising the rate to 1.75% from 1%. June’s …
Inflation is at a forty-year high, fuel prices are wreaking havoc, and there’s no end in sight. Time for Biden to tell us how good we have it. Original Article: “Will …
According to the June 1, 2022, Financial Times, Janet Yellen, the US Treasury secretary conceded she was wrong last year about the path inflation would take. Yellen told CNN: There have …
Thank you very much for the invitation. I am delighted to have the opportunity to share some thoughts with you on a topic I am very much interested in and …
Since the state is incorrigible and incapable of being reformed, perhaps the best way to deal with government predations is to boycott the elections. Original Article: “Let’s Boycott Them!” This …