Category Archive: 6b.) Mises.org

You Think the Global Economy Is Brightening? Beware: The Big Hit Is Yet to Come

Relief is spreading among economic analysts and stock market experts. Energy prices are decreasing noticeably. The energy supply this winter seems secure; in Europe, government support for consumers and producers is available if needed. China is turning away from its zero-covid policy, and production is ramping up again.

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The Chinese Communist Party Is Creating a Crackdown Economy

True story: Many weekends during my studies in Changzhou, China, my friends and I would go out to have a drink only to realize that our favorite bar was not open that night. In fact, all of the city’s clubs would be closed. The reason? Police had decided to crack down on these nightclubs.

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The Fed Is Already Flashing Signs It’s Done Raising Rates

The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday raised the target policy interest rate (the federal funds rate) to 4.75 percent, an increase of 25 basis points. With this latest increase, the target has increased 4.5 percent since February 2022, although this latest increase of 25 basis points is the smallest increase since March of last year.

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2023 Libertarian Scholars Conference

Join the Mises Institute at the 2023 Libertarian Scholars Conference on Saturday, September 23. We'll meet at the Grand Hyatt in Nashville, Tennessee. The first Libertarian Scholars Conference was held in New York City in 1972 under the aegis of the Center for Libertarian Studies.

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It’s Never Too Late to Begin Protesting against the Proposed Central Bank Digital Currency

Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech column in the Wall Street Journal. A similar tone can be found coming from organizations like the World Economic Forum, the International Monetary Fund, and the Atlantic Council.

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More Recession Signs: Money Supply Growth Went Negative Again in December

Money supply growth fell again in December, falling even further into negative territory after turning negative in November for the first time in twenty-eight years. December's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. During the thirteen months between April 2020 and April 2021, money supply growth in the United States often climbed above 35 percent year over year, well above...

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Andrew Moran is the future of Brighton! |2023| HD

Andrew Moran is the future of Brighton and Ireland! Song: -YnSQkRyk This content is both in Transformative and Educational nature. Video is in compliance with Content Quality section of YPP Policies as the editing adds creative value which makes the content unique. #andrewmoran #brightonandhovealbion #ireland

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Is the Japanese Low Inflation–Low Interest Rate Model at an End?

The macroeconomic situation in Japan seems to be coming to a head. When the Bank of Japan, under its President Haruhiko Kuroda, announced on December 20, 2022, that it would raise its interest rate ceiling on ten-year Japanese government bonds from 0.25 percent to 0.50 percent, share prices in Tokyo plummeted and the Japanese yen appreciated sharply.

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Money Does Not Equal Wealth | Jeff Deist on The Kevin Roberts.Show



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Fighting Inflation Really Means Fighting the Federal Reserve

There are surely other worlds than this—other thoughts than the thoughts of the multitude—other speculations than the speculations of the sophist. —Edgar Allan Poe, “The Assignation” Nothing brings out misleading or false narratives like the subject of money. Prices over the last twenty-five months have shot up, and this development is roundly called inflation. Why? Because prices have shot up. The criminals running the government even passed an...

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How Fast Should the Money Supply Grow?

Some economists have suggested that inflation results when the money supply expands faster than the rate at which goods and services are produced. They correctly point out that this expansion of the money supply will generally lead to rising prices. But what most economists fail to mention is that inflation can exist even when prices are stable.

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Do Correlations Help Define Money?

According to popular thinking, the government’s definition of money is of a flexible nature. Sometimes it could be M1, and at other times it could be M2 or some other M money supply. M1 includes currency and demand deposits. M2 includes all of M1, plus savings deposits, time deposits, and money market funds.

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Raise the Social Security Age to (At Least) 75

On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would mean that after 2027, workers in France would have to work 43 years to qualify for a government pension, instead of 42 years. French workers promptly took to the street in protest decrying even this very small reduction government welfare. 

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In Defense of Covid “Price Gouging”

The recent inflationary episodes in the USA have led to the emergence of several different explanations, ranging from overexpansion of the money supply to supply-side constraints, not to mention the role of rising markups along with price gouging and greed for profits. Each emphases the unique role that the category has played in the elevated price level.

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Questioning the Military Necessity of Dropping Atomic Bombs on Japanese Cities

One of the most devastating moments in American history took place on August 6 and August 9, 1945, with the bombings of Hiroshima and Nagasaki. Approximately three hundred thousand civilians, forty-three thousand soldiers, forty-five thousand Korean slave laborers, and over a thousand American citizens (including twenty-three prisoners of war) would die.

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Joe Johnson workouts with Mariano Sanchez and Andrew Moran in Miami



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European Shadow Unemployment Is a Real Problem

The latest jobs report in the United States shows strengths and weaknesses. Total nonfarm payroll employment increased by 223,000 in December, and the unemployment rate fell to 3.5 percent. However, the United States job market continues to show negative real wage growth, the employment-to-population ratio is 60.1 percent, and the force participation rate is 62.3 percent.

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Yes, the Minimum Wage Harms the Economy

The 2021 Nobel Prize in Economic Sciences was awarded to David Card, Joshua Angrist, and Guido Imbens. David Card received the award for his paper (coauthored with Alan Krueger) “Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania.”

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Governments Will Make You Poorer Again

The International Monetary Fund (IMF) has warned about the optimistic estimates for 2023, stating that it will likely be a much more difficult year than 2022. Why would that be? Most strategists and commentators are cheering the recent decline in price inflation as a good signal of recovery.

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The Fed’s Quantitative Easing Gamble Costs Taxpayers Billions

The year 2023 is shaping up to be a challenging one for the Federal Reserve System. The Fed is on track to post its first annual operating loss since 1915. Per our estimates, the loss will be large, perhaps $100 billion or more, and this cash loss does not count the unrealized mark-to-market losses on the Fed’s massive securities portfolio.

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