When It Comes to National Prosperity, Don’t Forget the Culture

Progressives claim that poor nations are that way because wealthy nations exploit them through the capitalist system. Cultural institutions, it turns out, are the most important indicators of wealth and poverty. Original Article: “When It Comes to National Prosperity, Don’t Forget the Culture” This Audio Mises Wire is generously sponsored […]

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Political Salvation Is Slow Suicide

The number one threat to our lives and prosperity is the US government. How could it otherwise be? Loaded with trillions of dollars acquired through legalized theft, the US government has gone beyond mere incompetence and foreign adventurism; it now colludes with other governments to reduce populations through the manufactured […]

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The Italian City-Republics Were the Manhattan of the Twelfth Century

The beautiful Italian town of Bologna is famous for its vast historical center full of medieval buildings, palaces, churches, and elegant porticoes. The visitor is left speechless by the remaining twenty-two towers out of about 180 erected between the twelfth and thirteenth centuries. The Asinelli tower, the tallest of them […]

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More Lies in the CPI

By: Robert Aro As reported by CNBC last week, the Consumer Price Index (CPI) figure of 6.5% shows how the mainstream media disseminates false economic information for consumption by the masses. Try to spot some of the more concerning parts: december_2022_cpi_inflation.png Initially, the chart raises questions such as where this […]

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2023: You Wanted Endless Stimulus, You Got Stagflation.

Unfortunately, when governments all over the world decided to “spend now and deal with the consequences later” in 2020, they also sowed the seeds of a 2008-style problem. Original Article: “2023: You Wanted Endless Stimulus, You Got Stagflation.” This Audio Mises Wire is generously sponsored by Christopher Condon.  Powered by […]

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The Politicization of Procreation: The Ultimate in “the Personal Is Political”

In the ultimate example of “the personal is political,” families form, break up, or expand due to US presidential elections according to a recent article in the American Economic Review. Apparently, the alternative responses of doom or elation that occasions electoral politics is so extreme that the losers couldn’t bear […]

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Just Say No to the New Forever War

Whenever asked about whether the US will change its policy regarding the conflict in Ukraine, to start pushing for Kyiv to enter negotiations rather than apparently providing as much money and as many weapons as they ask for, the Biden administration’s refrain has been a consistent variation of “We’re going […]

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Paradise Valley, Montana: A Study in Free Market Land Conservation

Americans typically are told that private enterprise wastes resources while government preserves them. Economic truths turn that canard upside down. Original Article: “Paradise Valley, Montana: A Study in Free Market Land Conservation” This Audio Mises Wire is generously sponsored by Christopher Condon.  Powered by WPeMatico

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Central Bankers Are Poor Archers: The Problems and Failures of Inflation Targeting and Price Stability

Central bankers follow inflation “target” in their pursuit of “price stability.” Not surprisingly, they usually miss their targets — quite badly — and we now are living one of those moments. Original Article: “Central Bankers Are Poor Archers: The Problems and Failures of Inflation Targeting and Price Stability” This Audio […]

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The Government Throws Money at Heart Disease, but Prevention Is Better than Cure

You’re more likely to die of heart disease than anything else, partly because, well, if nothing else gets you, your heart will give out. And a heart attack could cost you upwards of $760,000 these days, when you consider hospital charges, prescription drugs, additional care for the rest of your […]

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Make No Mistake, War Hawk American Policy Helped Start This War in Ukraine

On December 21, the president of Ukraine, Volodymyr Zelenskyy, spoke to Congress in an effort to get more financial and military support from the American government. Zelenskyy spoke of peace, freedom, and interconnection as the main goals of the Ukrainian fight but that Ukraine needed American resolve. Zelenskyy stated: From […]

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We Will Berry You

The Need to Be Whole: Patriotism and the History of Prejudiceby Wendell BerryShoemaker and Company, 2022; x + 513 pp. Wendell Berry, a poet, novelist, and philosopher well known for his protests against mechanized agriculture and for his defense of the “land ethic,” is not a thinker one would immediately […]

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Yes, Virginia, There IS a Deep State—and It Is Worse than You Think

Mention the term “deep state” in polite company and most likely no one will want to speak to you the rest of the evening. The deep state is what Wikipedia calls “discredited,” something reeking of conspiracies, false accusations, and the substitution of fantasy for the truth. After the FBI raided […]

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Real Wages Fall for the Twenty-First Month as Rent and Food Prices Keep Rising

The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in fifteen months. According to the BLS, Consumer Price Index (CPI) inflation rose 6.5 percent year over year during December, […]

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Kevin McCarthy Faces New House Rules and the Debt Ceiling Fight

By: Joseph Solis-Mullen It took 15 votes and a host of concessions to the Freedom Caucus and its allies, but Kevin McCarthy (finally) became Speaker of the House. Of course, the real length of the delay (in McCarthy’s eyes anyway) was much longer than the three days last week. Afterall, when […]

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The Chimera of a Postpandemic Postwar Return to Monetary Normal

The monetary regime in power now—the so-called 2 percent inflation standard—is promising us a “return to normal” after the great pandemic and war inflation of 2021–22. At this time of powerful propaganda—the dismal accompaniment of natural disaster and war—we should be on our guard against such messaging. Even more so […]

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The Great Depression’s Patsy

[This article originally appeared in the January 4 edition of Lewrockwell.com.] The culprit responsible for the Wall Street crash of 1929 and the Great Depression can be easily identified—the government. To protect fractional reserve banking and generate a buyer for its debt, the US government created the Federal Reserve System in […]

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Why America Needs 1,000+ States

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop call for breaking up the US into smaller states. While this idea sounds radical to some, there has been growing conversation about shifting state borders, including proposals to break up California and a recent vote on the Greater Idaho […]

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Powell Answering Questions No One Asked

By: Robert Aro The average price of eggs increased by 49%, butter/margarine by 34% year-over-year, CNBC reported as of November. Yet, with his first speech of the year, Federal Reserve Chair Jerome Powell addressed the issue of the Fed’s independence. Yes, the conference was on Central Bank independence. But how […]

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Infective Maltruism: Is Charity Still Charity When It Is Performed for Uncharitable Reasons?

Looking beyond the “aw, neat, what a great person” façade of effective altruism, one clearly finds a level of narcissistic cynicism and a drive to the permanent power that financial immortality affords that is only matched by the amount of funds being dispersed. The gifts offered by today’s billionaires—the Silicon […]

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