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David Brady Jr. discusses his recent article at Mises.org, in which he argues that the newly launched "FedNOW" system isn't a CBDC. Even so, there are dangers from FedNOW, such as exacerbating bank runs. David also explains the new Mises Apprenticeship program, of which he

Some principles for understanding environmental issues. Can government steer energy use decisions to improve outcomes? Download the slides from this lecture at Mises.org/MU23_PPT_37. Recorded at the Mises Institute in Auburn, Alabama, on 28 July 2023.

Inequality is a good thing in the free market. Economic equality is a disastrous government policy that leads to economic ruin for all—including the poor and workers. Download the slides from this lecture at Mises.org/MU23_PPT_36. Recorded at the Mises Institute in Auburn, Alabama, on 28 July 2023.

After the collapse of socialism in the Soviet Union, many socialists, reluctant to abandon their socialist convictions, shifted to a belief in “market socialism.” The great Marxist philosopher G.A. Cohen was not among them, and in this week’s column, I’d like to examine what he