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If employment reports continue to show growing economic stagnation, calls for more monetary inflation and government spending will only grow.
Original article: https://mises.org/mises-wire/novembers-weak-jobs-report-pushes-fed-toward-more-monetary-stimulus
The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.
Original article: https://mises.org/mises-wire/next-economic-downturn-will-be-here-soon-enough
Only a couple years ago, climate change was a major political issue. Now it’s strangely absent from public discourse. Why did this happen? Because, at least for now, it stopped being the most useful way for elites to justify their power grabs.
Read the article here: https://mises.org/mises-wire/what-happened-climate-change
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB
Mark Thornton joins Scott Horton to discuss the state of the economy, the boom-bust cycle, and why anybody—left, right, and center—who cares about the wellbeing of the working class needs to oppose the existence of the Federal Reserve.
Visit the Scott Horton Show at http://scotthortonshow.com
Be sure to follow Minor Issues at https://Mises.org/MinorIssues
In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood that in a free society, inequality is inevitable, and it is something we must accept.
Original article: https://mises.org/mises-wire/why-hayek-rejected-merit-based-equality
President Trump and Hegseth are cashing a blank check for carnage that was written years earlier by President Barack Obama.
Original article: https://mises.org/power-market/obamas-powerpoint-death-parade-led-trumps-venezuelan-killings
Homeschooling isn’t just about math lessons and reading charts. It’s about who gets to shape how your kids see the world.
Dr. Jonathan Newman joins Cheryl Daley on The Homeschool How To Podcast to break down why he and his wife chose to keep their kids out of government schools, how they approach reading and “adulting” skills at home, and why there’s really no such thing as a “neutral” education.
The original episode is available at https://open.spotify.com/episode/0mZzkKFr5RPKO3RAldMZNM
The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it.
Original article: https://mises.org/mises-wire/how-religious-freedom-america-was-founded-privatization-and-decentralization
Bob uses clips from his recent interview with Eric Weinstein to explain why Weinstein thinks gauge theory can fix how economists measure the cost of living, unify competing price indices, and handle changing preferences over time, and why Austrians shouldn’t dismiss him as a crank. He summarizes Eric’s claim that standard mathematical economics relies on the simplest kind of derivative, explaining how much of modern economic modeling is using the wrong math.
Related:
The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree
While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.
Original article: https://mises.org/mises-wire/risk-uncertainty-profits-and-modern-portfolio-theory
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