The Enduring Relevance of Mises and Hayek’s Critique of Socialism
In my previous column I summarized Ludwig von Mises and F.A. Hayek’s explanation of why full-on socialism is destined to cause mass ...
Thursday, February 20, 2025
Tag: Mises
You’ll Be Shocked to Learn There’s Corruption at the Fed
Fed Chaiman Jerome Powell has decided the Fed ought to “review” its ethics policies after it was revealed that high-ranking ...
Treasury Department Seeks to Track Financial Transactions of Personal Bank Accounts Over $600
In May, the Treasury Department released the Biden administration’s revenue proposals for fiscal year 2022. One aspect of this document that ...
The Political Alchemy Called Modern Monetary Theory
The new kid on the economics block is something called modern monetary theory. The name is new, but the "theory" is ...
Fears of Stagflation Loom as Job Growth Stalls
Job growth numbers on Friday failed to impress. Economists had predicted job growth in the area of 720,000, but according ...
Central Banks Can’t Taper in this Slowdown
Recent macroeconomic data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent ...
Even the Fed Thinks Current Debt Levels Are Unsustainable
A few months ago US national debt exceeded $28 trillion. This number is certainly the one economists usually work with, but ...
The End of the Sound Economy
Murray Rothbard made the point to us in his US Economic History class at UNLV that economic downturns used to be ...
Shrinkflation, Inflation’s Sneaky Cousin, Is on the Rise
Inflation has been on the rise for the past year and in the last few months it has accelerated. In ...
Why Progressives Will Never Accept Market-Based Medical Care
A recent article on this page highlighted a stunning situation in which a surgery clinic in Oklahoma City was able to offer ...
