Economic Indicators

Tobacco Smokers: America’s Most Persecuted Minority

If today they come for the smoker, tomorrow they will come for you. Neo-Prohibitionism has been long on the march. Original Article: “Tobacco Smokers: America’s Most Persecuted Minority​​“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.  

Economic Indicators

3 Ways the Tech Oligarchs’ New Subsidy Is Ripping You Off

Billionaire plutocrats at Apple, Google, Microsoft, Cisco, and other tech companies don’t spend all their time deciding whether or not to boycott your state or lecture you on the “correct” voting laws.  No, sometimes they have time to plot ways to rip off the taxpayers to the tune of more than 50 billion dollars. At […]

Economic Indicators

The Media Wants You to Trust Washington Again Now That Trump Is Gone

Former CNN White House correspondent Michelle Kosinski declared on Twitter last week that American journalists would “never expect … Your own govt to lie to you, repeatedly” and “Your own govt to hide information the public has a right to know.” Kosinski denounced “Trump’s unAmerican regime” and declared, “No one should accept this.” Kosinski’s comments epitomize […]

Economic Indicators

No, Conservatives Should Not Embrace MMT

Instead of trying to spin conservative justifications for disastrous monetary policy, conservatives should join libertarians and classical liberals in working to limit government power while restoring sound money and greater market freedom. Original Article: “No, Conservatives Should Not Embrace MMT​​“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.  

Economic Indicators

Why Fungibility Is Important in Understanding Money and Crypto

As the decentralized revolution gains momentum and cryptocurrency adoption reaches new heights, concerns pertaining to the quality of money are too often ignored. According to a Crypto.com report, the number of bitcoin owners surpassed 71 million in January 2021, but how many of them are aware that bitcoin is not anonymous but rather pseudonymous, or […]

Economic Indicators

Boom to Bust: How Inflation Turns into Deflation

In order to understand the effects of inflation it is helpful to understand that inflation is not a general rise in prices as such, but an increase in the supply of money which then sets in motion a general increase in the prices of goods and services in terms of money. Consider the case of […]

Economic Indicators

Jim Spohrer on The Entrepreneurial Future In A World With Cognitive Assistants

Few people can be said to be the originator of a new science. Jim Spohrer is one of those rare beings. The science he originated is Service Science. You can read about the origination process at IBM Icons Of Progress (Mises.org/E4B_117_Icons). Jim currently is the Director of IBM’s Cognitive Opentech Group (COG). On the E4B […]

Economic Indicators

How Trillions in Newly Printed Money Created a Labor Shortage

The US has millions of idle workers. In a normal economy this would put a damper on demand. But in our money-printing economy, consumer demand is surging even as production falls behind. An employment bubble is the result.  Original Article: “How Trillions in Newly Printed Money Created a Labor Shortage​“ This Audio Mises Wire is […]

Economic Indicators

Babbitt Is Back

Is Babbittry alive and well in twenty-first-century America? George F. Babbitt is novelist Sinclair Lewis’s protagonist in the novel of the same name. Babbitt is a real estate man, which is to say a salesman, but the newfangled 1920s term is “Realtor™.” Incurious, smug, self-satisfied, and utterly predictable, Babbitt is well pleased with his life in […]

Economic Indicators

Biden’s Family Leave Is Yet Another Attack on the Family

“Inclusive and equitable economic growth” is how the Joe Biden administration envisions its recovery plan following massive job losses from the 2020 lockdowns. Taxpayers will have to pony up $1.8 trillion for childcare, paid and medical leave, as well as universal pre-K. To Biden, the fact that a growing number of mothers are choosing to […]