On the the next radio program: "Why Do Rich Capitalists Suggest Destruction of Capitalism?" Jeff Deist, Eric Coffin and Michael Oliver and Michael Oliver are guests.
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Why Do Central Bank Counterfeiters Like Gold?

Danielle DiMartino Booth, Ivan Bebek and Michael Oliver are returning guests on this week’s program. Monetary counterfeiting is theft. But by way of force, central bankers do the same thing legally to the detriment of workers who produce goods and services in earning spending power. During a period of economic growth not many care about Central ... [Read More]

On April 11 Michael Oliver Soothes Jittery Gold Bug Nerves

“In our April 2nd report (front month gold was then at $1289, where it is now), we suggested that if one were long and nervous, hedging a long position at that point (gold or miners) would not be costly. Meaning, even if the downside does not occur ... [Read More]

Preparing for Gold as Currencies Crumble

Alasdair Macleod, Peter Tallman and Michael Oliver return as guests this week on the radio program. The global economic outlook is deteriorating. Government borrowing in the deficit countries will therefore escalate. US Treasury TIC data confirms ... [Read More]

Junior Gold Share Market Will Come

I have come to respect the work of Danielle DiMartino Booth, who pens “The Daily Feather.” She does what most writers can’t do and that is make reading about economic statistics entertaining. But more importantly, she is a sharp objective observer of ... [Read More]

How Empires Fall: Moral Decay

There is a name for this institutionalized, commoditized fraud: moral decay.Moral decay is an interesting phenomenon: we spot it easily in our partisan-politics opponents and BAU (business as usual) government/private-sector dealings (are those ... [Read More]

Why This Better Work

Executive Summary China's critical role in keeping the party going (and why China is in a weaker position this time) Despite current stock prices, the economic data is awful and fast getting worse A recession is near-unavoidable at this point What ... [Read More]

Its 2016 All Over Again. Or Is It?

Conditions today mirror 2016, when growing weakness in the global economy and wobbling financial markets caused the world’s central banks to absolutely freak out. They responded by dumping more thin-air money into the system than ever before in ... [Read More]

Greg Mankiw Loves the Federal Reserve–and the Labor Theory of Value

By: Joseph T. Salerno Prominent economist and super successful textbook author Greg Mankiw writes: I have a confession to make: I love the Federal Reserve. And I suspect that, in their heart of hearts, most other economists love the Federal Reserve, ... [Read More]

Daily Digest 4/19 – Good News Friday: Teaching Yoga at 100, Is Prison Necessary?

Facing Segregated Schools, Parents Took Integration Into Their Own Hands. It’s Working. At 100, Tao Porchon-Lynch still teaches yoga Bank Of America Raising Its Minimum Wage To $20 An Hour House votes to reauthorize Violence Against Women Act, ... [Read More]

Daily Digest 4/18 – Top Earners Might Not Be Prepared For Retirement, What Americans Do With Their Tax Refunds

Millennials are worried that a stock-market crash could derail the US economy Even 'top earners' still might not be prepared for retirement When Will the Mueller Report Come Out? Why the Redactions? And More Half of England is owned by less than 1% ... [Read More]

Daily Digest 4/17 – China Debt Levels May Trigger Defaults, Is Bill Gates Ending World Hunger or Boosting Agribusiness?

Tax Day trauma: Paying for our massive national debt China’s unsustainable debt levels may trigger large-scale corporate defaults, OECD warns ECB to keep policy accommodative until inflation recovers: Villeroy Italy’s deputy leader Di Maio says he ... [Read More]

The Fed Is Dangerously Wrong

More voices are starting to join ours in criticizing the Fed. More and more prominent people from the world of finance and politics are beginning to realize that the Fed’s actions have benefitted the few at the expense of the many. The 0.01% has ... [Read More]

How Human Action and Human Values Determine Prices

Why do individuals pay much higher prices for some goods versus other goods? The common reply to this is the law of supply and demand. What is behind this law? To provide an answer to this question economists refer to the law of diminishing marginal ... [Read More]

Off The Cuff: Living With Integrity

In this week's Off The Cuff podcast, Chris delivers a very personal message about how we each decide to live our lives. A growing number of people are watching the "prosperity" around them -- record high asset prices, record-low unemployment, new ... [Read More]

Hysteria Over School Safety Won’t Keep Us Safe

Numerous Indiana elementary school teachers were shot in January as part of a “safe schools” training program. According to the Indiana State Teachers Association, sheriff deputies ordered teachers “into a room four at a time, told them to crouch ... [Read More]

Yes, Julian Assange Is a Journalist — But That Shouldn’t Matter

Julian Assange was arrested last week in London, and he awaits legal proceedings designs to extradite him to the United States to be tried on hacking charges. At least, those are the charges currently known. Experience suggests that US authorities ... [Read More]

Mises Circle in Seattle Area

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The Economic Recessions of the Late 1970s and Early 1990s

[Editors Note: The following article is excerpted from Huerta de Soto's Money, Bank Credit, and Economic Cycles, originally written in 2001] The most characteristic feature of the business cycles which have followed World War II is that they have ... [Read More]

Washington’s Biggest Fairy Tale: “Truth Will Out”

By: James Bovard The arrest of Julian Assange has produced rapturous cheering from the American political elite. Hillary Clinton declared that Assange “must answer for what he has done.” Unfortunately, Assange’s arrest will do nothing to prevent the ... [Read More]

Krugman Needs a Lesson on Why Truckers Are Paid Less Now than in the 1970s

One of the first lessons I give my economics students in the principles courses I teach or in my MBA classes is the famous Diamond-Water Paradox, or what economists historically have called the Paradox of Value. Why are diamonds more expensive than ... [Read More]

“A Glittering Lie” — The True Battle of Shiloh

Season 3, Episode 53 "Professor CJ" of the Dangerous History Podcast joins Chris Calton to tell the story of Shiloh from the perspective of two soldiers, from their own personal memoirs of the battle. One story follows the experiences of Henry Morton ... [Read More]

Bernie Tells America: Pull Yourself up by Your Bootstraps!

On Monday, Bernie Sanders released ten years of tax returns, and it turns out he's and his wife are millionaires. Thanks especially to revenues from book royalties, Sanders is now, as CNN put it, "in the category of the super-rich." Or, as some ... [Read More]

The Notre Dame Fire: Lessons for Gold Investors

The Monday’s fire of Notre Dame Cathedral shocked the world. Since then, the French, the Catholics, and the architecture and art lovers hadn’t been talking about anything else. The precious metals community was less disturbed – even though it turns ... [Read More]

US Stock Markets Setting Up For Increased Volatility

The US stock markets took a nosedive early in the regular trading session after the QQQ briefly advanced to new All-Time Highs this morning.  With the QQQ and other symbols nearing fresh new highs, traders should expect volatility to increase as ... [Read More]