Nicholas Anthony An interesting issue with central bank digital currencies (CBDCs) is their status as a direct liability of the central bank. This distinction rarely gets the attention of the broader public, but it’s an important distinction because it could lead to a complete destabilization of
Trump is essentially being prosecuted for questioning the outcome of an election, and federal paranoia about protecting its own aura of legitimacy is entering a new highly aggressive phase. Original Article: "The United States vs. Donald J. Trump"
One of Ludwig von Mises’s important contributions to economics was demonstrating the impossibility of economic calculation under socialism. He did it by showing three necessary preconditions for the generation of meaningful market prices in the factors of production—private property, freedom of exchange, and sound money.
David Gordon take a critical look at Markus Gabriel's Moral Progress in Dark Times, and although he finds parts that are disturbing, he also discovers important areas of agreement. Original Article: "Outside the Universe?"
President Biden makes the false claim that wind- and solar-generated electricity are cheaper than power generated from coal and oil. Original Article: "Wind and Solar Are NOT Cheaper than Coal and Oil"
According to progressive elites, it is terrorism if consumers boycott businesses because of their leftist policies. Original Article: "Is Boycotting Target a Legitimate Protest or an Act of Terrorism?"
In this week's episode, Mark reviews what people have said about Fitch's downgrade of US government debt. Mark sees it as a good thing, but not good enough. The "minor issue" in the latest debt ceiling agreement is ignored by the mainstream media: politicians suspended the debt
Yet again, the government destroyed a business partnership that not only promised but actively delivered benefits to consumers. The Northeast Alliance (NEA), a partnership between airline companies JetBlue and American Airlines, was ruled against in federal court after a battle with the Department of Justice
Why have central banks settled on a 2 percent price inflation target? Project Syndicate asked four economists about this target and whether it is still appropriate. I’ll summarize their answers and then consider Mises’s position on “stabilization policy.” Four Economists’ Answers to “Is 2 Percent Really
Michael F. Cannon President Biden has proposed requiring insurers (1) to cancel short‐term health insurance plans after four months and (2) to refuse to re‐enroll those patients. I’ve written previously about how these changes would increase the number of uninsured U.S. residents by 500,000. The Biden administration