The floodwaters in Texas were just subsiding when Democrats claimed that the death toll was due to staffing cuts at the National Weather Service. Of course, the truth is much different, but this was just one more incident of how natural disasters have become politicized in this country.
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Category Archive: 6b) Austrian Economics
The Texas Floods and Political Opportunism
As the Texas floodwaters receded, politicians like Chuck Schumer twisted facts about the tragedy to score a political win. Examining what went wrong to prevent such tragedies from happening again is the right thing to do. But that involves looking at the actual facts.
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¿ESTÁ A PUNTO DE ESTALLAR LA DEUDA DE EE.UU.?
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What Trump Should Tell Netanyahu
If President Trump really wanted to help Israel he would inform Netanyahu this week that not another US dollar would be sent to prop up his government.
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The Bid-Ask Spread in Housing and “Pulte’s Law”
As the latest housing bubble pops, home sellers are asking for unreal prices for their homes, while buyers are waiting for the prices to fall. Bill Pulte, Trump's Director of the Federal Housing Finance Agency, is demanding the Fed force down interest rates to restart the unsustainable boom.
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The Bid-Ask Spread in Housing and “Pulte’s Law”
As the latest housing bubble pops, home sellers are asking for unreal prices for their homes, while buyers are waiting for the prices to fall. Bill Pulte—Trump‘s Director of the Federal Housing Finance Agency—is demanding the Fed force down interest rates to restart the unsustainable boom.
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The Fallacy of “Measuring” Inflation
While we often speak of measurements of inflation (such as "inflation went up by three percent"), in reality, one cannot accurately measure it, given official measurements consist of arbitrary weighted averages. It is better to see inflation as qualitative, not quantitative.
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The Fallacy of “Measuring” Inflation
While we often speak of measurements of inflation (such as “inflation went up by three percent”), in reality, one cannot accurately measure it, given official measurements consist of arbitrary weighted averages. It is better to see inflation as qualitative, not quantitative.
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The Federal Debt Just Jumped $366 Billion in a Single Day
The enormous surge in the national debt comes as Congress and President Trump approved the latest omnibus spending bill, which included an increase to the debt limit of $5 trillion. (That‘s the largest increase to the debt limit ever.)
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The Fed says it might have to go back to 0% Interest Rates
" a return to near-zero rates 'remains significant over the medium to long term…due to recent elevated uncertainty.'" In Fedspeak, "uncertainty" means "bad economy."
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Dr. Steve Hanke, Leading Authority on Hyperinflation, Named Mises Institute Senior Distinguished Scholar
The Mises Institute is proud to announce that Dr. Steve Hanke has accepted a new position as Senior Distinguished Fellow at the Mises Institute.
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The Texas Floods and Political Opportunism
As the Texas floodwaters receded, politicians like Chuck Schumer twisted facts about the tragedy to score a political win. Examining what went wrong to prevent such tragedies from happening again is the right thing to do. But that involves looking at the actual facts.
Read More »
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The Mythology of Methodological Collectivism
A central belief of collectivists is that people think collectively, too. Whether one is a member of a class, religious group, or ethnic group, collectivism holds that each group has distinct interests that determine how individuals in the group think. Mises would have disagreed.
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The Mythology of Methodological Collectivism
A central belief of collectivists is that people think collectively, too. Whether one is a member of a class, religious group, or ethnic group, collectivism holds that each group has distinct interests that determine how individuals in the group think. Mises would have disagreed.
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JEFFRIES HAKEEM HACE EL RIDÍCULO CON UN DISCURSO DE 9 HORAS
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Mortgage Delinquency Rates Grew Faster Than Any Other Debt Type In May
As prices surge, loan amounts get bigger. "Larger mortgage balances have put pressure on homeowners and likely caused an increase in delinquencies."
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The Homeownership Rate Is Lower Now than it Was 45 Years Ago
Now is the time to admit that easy-money policy and corporate bailouts—imposed in the name of increasing homeownership—has only made housing more unaffordable.
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On Swiss National Bank
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SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
Main SNB Background Info
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