Every time the United States reaches its debt limit, we read that it is important to reach an agreement to lift it. The narrative is that the debt ceiling must be raised, or the US economy will suffer a severe contraction. There is even an episode of a TV series,...
In February 2022, when Russia invaded Ukraine, the U.S. orchestrated a perhaps unprecedented sanctions clampdown on Russia. A month later, U.S. Treasury Secretary Janet Yellen declared with certainty that "the Russian economy will be devastated as a consequence of...
According to the January report of the Consumer Price Index, price inflation increased by 0.5 percent last month. This follows a 0.1 percent increase in December. The total increase over the last 12 months is 6.4 percent. The official government statistics, which are...
https://youtu.be/FllJ0lKnEdg My case for pacifism, to recap, comes down to three simple premises. The first two are empirical: Premise #1: The short-run costs of war are clearly awful. [Empirical claim about immediate effects of war]. Premise #2: The long-run benefits...
Since President Xi Jinping was re-elected as China’s leader at the Communist Party Congress on October 23, 2022, there has been a noticeable change in tone from Chinese officials towards the United States. This change in tone, coupled with Chinese restraint in their...
The left and right-wings of economic thought spend much of their energy trying to refute each other, but an integration of both perspectives might be worth considering. The right-wing of economic thought has conclusively demonstrated that the value creating ability of...
Devastation has unfolded in Ukraine. As former Secretary of State Condoleezza Rice and former Secretary of Defense Robert Gates say in The Washington Post, Ukraine’s “economy is in a shambles, millions of its people have fled, its infrastructure is being destroyed,...
Download Episode. Ryan McMaken of the Mises Institute joins Scott to discuss the ill effects central banking has on the country. McMaken wrote an article recently pointing out that the Federal Reserve, America’s central bank, is technically bankrupt. Scott has...
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
