Economic Indicators

Forget Hemlines. Mom Jeans Are Now an Economic Indicator.

Many have long speculated that there is a correlation between economic prosperity and the length of women’s hemlines. But perhaps it’s now “mom jeans,” with their high waists and ample fit, that indicate the true state of the economy. Original Article: “Forget Hemlines. Mom Jeans Are Now an Economic Indicator.“ This Audio Mises Wire is […]

Economic Indicators

Why Is the French Government Running Off Foreign Investors?

Most people understand that it’s a good thing when others invest money and capital in your community. But when Canadian investors offered to pour money into France as part of a deal to buy a French company, the regime said no thanks. Original Article: “Why Is the French Government Running Off Foreign Investors?“ This Audio […]

Economic Indicators

A Libertarian Approach to Disputed Land Titles

The recent spate of bombing violence in Israel’s West Bank, East Jerusalem, and Gaza demonstrates the enduring attachment both Israelis and Palestinians have to physical land in the country. Both sides make claims—legal, moral, and political—to land within Israel, from the southernmost tip of Gaza to the northernmost tip of the Golan Heights. This ongoing […]

Economic Indicators

The Economics of the Extended Family: From Risk Management to Human Capital

When we think of analyzing economic organizations, we generally think of firms and corporations. But there is another organization that is just as critical to economic development: the extended family. Indeed, the advantages offered by this institution are numerous and include risk sharing, mutual aid, human capital building, social capital building, and resource complementarity and coordination. Risk […]

Economic Indicators

The Fed’s Policies since the 2020 Coronavirus Panic

[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in 2021.] In chapter 7 we summarized some of the major changes in how central banks have operated since the 2008 financial crisis. In the present chapter, we detail some of the even more recent […]

Economic Indicators

There’s No Conflict Between Profit and “Social Responsibility”

The “People over Profits” mantra is once again is being heard in Washington. But this time we’re hearing about it from business lobbyists themselves who are now parroting leftwing slogans about “social responsibility.” Original Article: “There’s No Conflict Between Profit and ‘Social Responsibility’“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by […]

Economic Indicators

More Evidence the American Economic “Recovery” Will Disappoint

Two things should concern us. First, the weakness of the recovery in the middle of the largest fiscal and monetary stimulus seen in decades, and second, the short and diminishing effect of these programs. Original Article: “More Evidence the American Economic “Recovery” Will Disappoint“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated […]

Economic Indicators

Entrepreneurs Are Motivated by Profit, Not Risk

According to modern portfolio theory (MPT), financial asset prices fully reflect all available and relevant information, and any adjustment to new information is virtually instantaneous. For instance, if the central bank raises interest rates by 0.5 percent, and if market participants anticipated this action, asset prices will reflect this expected increase prior to the central […]

Economic Indicators

The Abuse of Public Debt—and How It Sets the Stage for Economic Disaster

The 2020–21 recession has been devastating for the global economy. It has been ninety years since the global economy last suffered through a recession of this magnitude (in the Great Depression). Nonetheless, it seems that the social effects of the current recession have not yet come about. The reason for this disparity between cold macroeconomic data and popular sentiment […]

Economic Indicators

“What Did Bob Learn?” Part 2 of 3

In response to a listener request, Bob continues a 3-part series explaining areas where his views have changed. In this episode, he covers government debt and future generations, accuracy in polemical writing, the Fed being a private corporation, whether nice guys finish last, and mainstream utility theory. Mentioned in the Episode and Other Links of […]