Money supply growth fell again in August, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. August's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Wilfried and Barbara Puscher Download the slides from this lecture at Mises.org/SS23_PPT_2
Keynesians claim that the source of economic growth is consumer spending. Austrians know that net savings are the key to a growing economy. Original Article: Real Economic Growth Depends on Savings
Norbert Michel In a perfect world, it would be out of bounds to use incidents of horrific violence against innocent people to revive an otherwise unrelated political agenda. Nonetheless, it seems that Senator Elizabeth Warren (D‑MA) and her colleagues are going to use the recent violence in
Hans Hoppe theorized that monarchs, as opposed to democratically-elected political authorities, would have lower time preferences and would be less likely to engage in reckless government spending. Unfortunately, at least one Medieval Danish king acted like a modern politician. Original Article: Do Monarchs Always Have Low Time
In a 60 Minutes interview over the weekend, host Scott Pelley asked President Joe Biden, “Are the wars in Israel and Ukraine more than the United States can take on at the same time?” The president answered, “We can take care of both of these
Alex Nowrasteh Americans widely condemned Hamas’s terrorist attacks on Israel on October 7 and reacted with justified horror at the unconscionable brutality of the terrorists. The images of murdered civilians, children, and even babies should raise the fury and disgust of all civilized people. However, some American
Romina Boccia The Fiscal Commission Act is a Promising Start “It’s time for a bipartisan fiscal commission,” writes the Committee for a Responsible Federal Budget (CRFB). I couldn’t agree more. Congress and the executive should empower a fiscal commission with real authority to stabilize debt as a share of the economy and address