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...
Mises
Price Inflation Slows, But the Economy Keeps Getting Worse
The U.S. Bureau of Labor Statistics released new Producer Price Index (PPI) data on Wednesday, and it looks like the rate of increase in price inflation is slowing. Nonetheless, year-over-year price inflation in December remained near 40-year highs, and shows the...
1/13/23 Hunter DeRensis on Defend The Guard in 2023
Download Episode. Hunter DeRensis joins the show to talk about the year ahead in the effort to pass Defend the Guard legislation. DeRensis reviews what the legislation is and where it stands in state legislatures around the country. The two also discuss some recent...
TGIF: Where Socialists Go Wrong
Since socialism is "in" today -- even though many people who say they favor it have no idea what it is -- F. A. Hayek's last book, The Fatal Conceit: The Errors of Socialism (1988), is worth checking out. Hayek, the late great Nobel-laureate economist of the Austrian...
Message to Jacobin Magazine: Economic Suppression is Far Worse Than Voter Suppression
Imagine two criminals: Criminal 1: Forcibly stopped a woman from having a 1 in 10 million vote to determine the governor of New York Criminal 2: Forcibly stopped a woman from getting the job of her dreams via occupational licensing regulations even though a...
‘Greedflation’ Is a Red Herring
Even as price inflation slows and we move past June’s peak, progressives continue to push the concept of “greedflation”—that this year’s price inflation is caused by corporate greed and price gouging. This is inaccurate, based on bad economics, and it blames a...
Fake News Exposed: Inflation, Iran, College, America First, and Poland
https://youtu.be/OVmAJhnGxLU What Makes Wages Rise The buyers do not pay for the toil and trouble the worker took nor for the length of time he spent in working. They pay for the products. The better the tools are which the worker uses in his job, the more he can...
Powell Promises More Rate Hikes
The Federal Reserve's Federal Open Market Committee (FOMC) raised the target federal funds rate 75 basis points on Wednesday, marking the fourth 75-basis-point hike in a row since June. The federal funds rate is now the highest it's been since December of 2007 when...
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