Are Progressive “Experts” Fallible? Yes, But Don’t Tell Them That

It can be argued that the world has reached the sorry state it’s in today largely because academics, politicians, “distinguished experts,” and “recognized authorities” did not have the humility to admit their own mistakes or to at least recognize the limits of their knowledge. Of course, this is far from […]

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Did Constitutionalists Gain in the Last Election?

By: James Anthony What matters in every election is what progress has been made by constitutionalists. Constitutionalist voters and politicians have formidable difficulty getting constitutionalists past the Republicans’ Progressives. Progressives are helped by state primary processes, party rules and practices, crony media buys, and legacy-media support. Even so, constitutionalist voters […]

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Fedcoin: It Starts with a Trial Run

By: Robert Aro A cashless society would be the nail in the coffin for liberty and freedom, offering centralization, the likes of which Marx could only dream. The existence of a government backdoor or spyware becomes a real possibility, and given the State’s track record, a real likelihood. Then, of […]

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Without Easy Money, the Tech Sector Faces Hard Times

The tech sector in the US has benefitted from more than a decade of ultra-low interest rates and easy money. But now it looks like the easy-money era may be ending—at least for now—and that means problems for the sector so long wedded to cheap loans. Just a year ago, […]

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Mises is the Solution to FTX-Scams

By: Tho Bishop Check out this clip from Caitlin Long of Custodia Bank at a Bitcoin conference last year, explaining the dangers of highly leveraged crypto exchanges like FTX. Long calls out the practices of Sam Bankman-Fried, while sharing a stage with the disgraced crypto trader. The Solution to FTX? Read […]

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For the Midterms to Matter, the GOP Needs More MTG, Less McConnell

Firebrands like Marjorie Taylor Greene and Matt Gaetz demand a GOP-controlled Congress hold DC villains accountable. If the GOP refuses to treat Anthony Fauci like the Democrats have treated Steve Bannon, the party remains controlled opposition. Original Article: “For the Midterms to Matter, the GOP Needs More MTG, Less McConnell” This Audio […]

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In the Red: The Federal Reserve’s Portfolio Joins the Rest of the Market

The Federal Reserve is on pace to lose somewhere in the neighborhood of $100 billion over the next year to eighteen months, as the yield on its portfolio of Treasurys and mortgage-backed securities is now being surpassed by the interest it pays banks to hold reserves in their accounts at […]

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“Antidemocratic” Just Means “Something the Regime Doesn’t Like.”

Marxist regimes used to slap the word “anti-revolutionary” on everything the regimes disliked. Today’s regimes use the words “undemocratic” and “anti-democratic” in the same way.  Original Article: “”Antidemocratic” Just Means “Something the Regime Doesn’t Like.”” This Audio Mises Wire is generously sponsored by Christopher Condon. ‘ Powered by WPeMatico

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Individual Time Preferences, Not the Central Bank, Determine Real Interest Rates

On Wednesday, November 2, 2022, the Fed raised the target for the policy rate by 0.75 percent, to 4.00 percent, for the fourth time in a row. Fed chairman Jerome Powell hinted that the policy rate target is likely to be lifted further ahead. For most economists and commentators, the […]

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The Housing Boom Is Already Over. Get Ready for Even Higher Prices.

As mortgage rates have risen this year, the demand for home purchases has fallen. That has spelled trouble for the home construction business. Homebuilder confidence dropped for the 10th straight month in October. The decline in builder sentiment reflects what economist Ian Shepherdson describes as “housing … in free fall. […]

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It Didn’t Begin with FDR: Currency Devaluation in the Third Century Roman Empire

Roman keynesianism that ruined the empire and destroyed the Roman economy. Original Article: “It Didn’t Begin with FDR: Currency Devaluation in the Third Century Roman Empire” This Audio Mises Wire is generously sponsored by Christopher Condon. ‘ Powered by WPeMatico

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World Dollar Hegemony Is Ending (and That May Be a Good Thing)

The dollar’s petrodollar status has led the Federal Reserve to irresponsibly inflate the currency. The rest of the world has noticed and is looking for alternatives. Original Article: “World Dollar Hegemony Is Ending (and That May Be a Good Thing)” This Audio Mises Wire is generously sponsored by Christopher Condon. ‘ Powered […]

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What I Learned from my Grandfather about Money

When I was a child, my mother and I would take the Long Island Railroad to Brooklyn to see relatives a few times a year. My grandfather was always outside in front of the apartment house in Park Slope, where he and my aunts and uncles lived. Upon seeing him, […]

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How to Think about Economic Calculation

[Chapter 7 of Per Bylund’s new book How to Think about the Economy: A Primer.] Money, as we discussed in the previous chapter, makes lots of exchanges possible that are impractical or impossible under barter trade. We are better off as a result. But money has greater implications that are often overlooked […]

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American Chip “Independence”: Protectionism by Another Name

While both the Left and Right celebrate the government’s new drive to subsidize American microchip manufacturing, we should remember that political “investments” always result in crony capitalist disasters. Original Article: “American Chip “Independence”: Protectionism by Another Name” This Audio Mises Wire is generously sponsored by Christopher Condon. ‘ Powered by WPeMatico

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Recession Coming to the UK

By: Robert Aro A house of cards. A sandcastle. Dominoes. Lots of imagery available to describe our global, socialist economic system. Waiting for a crisis is one thing, considering a way out is another. Watching news from other countries provides signs of things to come which helps diagnose the worldwide […]

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The Midterm Lesson: Unserious People Can’t Stop the Left

By: Tho Bishop This year’s midterms came at a time when most Americans are poorer than they were two years ago, violent crime is on the rise, and exit polls seemed to unanimously point to voters prioritizing these basic facts over abortion rights and “democracy.” Everything was primed for a […]

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When So-Called Financial Genius Failed — Again

By: Joseph Solis-Mullen When on Monday FTX CEO Sam Bankman-Fried (hereafter referred to as SBF) took to Twitter to reassure depositors that the third largest cryptocurrency firm’s liquidity was fine, one could be forgiven for hearing echoes of Bear and Lehman’s c-suiters talking to CNBC to reassure their respective sources […]

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Misunderstanding Mises, Again

After praising Mises for his work on socialism, Tyler Cowen goes on to claim Human Action is “cranky and dogmatic.” “Brilliant and insightful” would have been more truthful. Original Article: “Misunderstanding Mises, Again” This Audio Mises Wire is generously sponsored by Christopher Condon. ‘ Powered by WPeMatico

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Daniel McCarthy Dissects the Midterm Election

Daniel McCarthy joins Jeff and Bob to consider the deep unseriousness of American politics and electorate.  Willmoore Kendall’s The Conservative Affirmation: Mises.org/Kendall   Powered by WPeMatico

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