Obamacare's forced electronic medical recordkeeping is denying patients the care they need.
Original Article: Physician Burnout: Another Consequence of Medical Socialism
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The Dangerous Myth of a “Soft Landing”
2023-09-27
If we search the news from 2007, we can find plenty of headlines with the IMF and the Federal Reserve predicting a soft landing. No one seemed to worry about rising imbalances. The main reason is that market participants and economists like to believe that the central bank will manage the economy as if it were a car. The current optimism about the U.S. economy reminds us of the same sentiment in 2007.
Many readers will argue that this time is different, and we will not see a 2008-style crisis, and they are right. No crisis is the same as the previous one. However, the main pushback I get when discussing the risks of a recession is that the Fed will inject all the liquidity that may be needed. Quantitative easing is seen as the antidote that will prevent a crisis. However, if the only
Mises Book Club
2023-09-26
In February 2024, the Mises Institute will hold its next Mises Book Club, our new program to promote deep reading in Austrian economics.
In celebration of the 80th anniversary of F. A. Hayek’s Road to Serfdom, this classic work in political philosophy, intellectual and cultural history, and economics will be the focus of the next meeting.
For eight riveting weeks, ten to fifteen specially selected undergraduate students will partake in rich discussions led by a Mises faculty member with expertise on the book. The club will meet virtually every Tuesday evening from 5-6 p.m. central time, and students will receive complimentary hard copies of the book. Students will come away with a stronger understanding of individual freedom and the threat of totalitarianism.
Please apply for a position
Housing Prices Are Falling As Reality Sinks In
2023-06-28
The local paper’s headline posed the question, “Do renters have the upper hand in Las Vegas right now?” “[The apartment project] offered us two weeks of no rent to get us moved in on the timeline we wanted,” said a renter who was also given passes to the Life Is Beautiful music festival as part of the deal. “They also throw resident events every month providing food and entertainment,” she added.
Las Vegas Review-Journal business reporter Patrick Blennerhassett reports deals like this are not uncommon. Websites for Las Vegas apartment projects indicate apartment owners “are doling out a multitude of perks.” Besides the perks, rents decreased 2.2 percent in this year’s first quarter.
“Rents are definitely falling,” said Shawn McCoy, director of the Lied Center for Real Estate and an
The Money Supply Keeps Falling After Its Biggest Drop Since the Great Depression
2023-06-24
Money supply growth fell again in April, plummeting further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. April’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years.
Since April 2021, money supply growth has slowed quickly, and since November, we’ve been seeing the money supply repeatedly contract—year-over-year— for six months in a row. The last time the year-over-year (YOY) change in the money supply slipped into negative territory was in November 1994. At that time, negative growth continued for fifteen months, finally turning positive again in January 1996.
During April 2023, the downturn accelerated even more as YOY growth in the money supply was at
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