How People Can Better Fight Inflation
Ordinary people cannot stop the Fed and the government from inflating the currency, but they can take measures to shield themselves from some of its harmful effects. Mark Thornton presents…
The Unsustainable AI-Driven Lending Boom
The endless bubble economy has a new lending craze: loans backed by AI chips. The problem is that while the chips serve as collateral, companies right now cannot make enough…
From Profits to Pandering: How Government Turned Universities and Businesses into DEI Bureaucracies
Long before government mandates and pressure infected businesses and universities with the DEI virus, Ludwig von Mises explained how bureaucracies infect the decision-making process.
The Establishment Survey Overestimated Job Creation by nearly 700,000 in 2023
The most recent QCEW report revisions show—not surprisingly—job gains for 2023 totaling more than 690,000 below the Establishment survey.
What Price Charity?
Is charity a right held by everyone or should charity be confined to private, voluntary action within a free market? David Gordon argues for the latter.
Private Property Comes from Scarcity, Not Law
The socialist elites that dominate our institutions insist that private property is nothing more than a social construct held together by violence. As usual, they misunderstand that scarcity itself, which…
Why the Scottish “Free Banking” Episode Doesn’t Justify Fractional Reserves
Bob continues his feud with George Selgin, explaining why the alleged free banking period in Scotland doesn’t show that free-market banks would carry low reserve ratios.
What Price Charity?
Is charity a right held by everyone or should charity be confined to private, voluntary action within a free market? David Gordon argues for the latter.
The State Wants to Nationalize Second Mortgages. What Possibly Can Go Wrong?
As if the government has not done enough destruction in the housing market, there now is a scheme to have the government nationalize second mortgages. Given the previous disaster with…
BLS: The Private Sector Lost 192,000 Jobs in Q3 2023
The most recent Business Employment Dynamics (BED) summary from the Bureau of Labor Statistics shows that the US economy lost 192,000 private-sector jobs during the third quarter of 2023.