Aggregated Data Hides the Damage Done by Minimum Wage Hikes

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Democrats are again pushing to increase the federal minimum wage, this time roughly doubling it to $15 per hour. And as with every such push, that has involved invoking “rosy scenario” sales pitches about how low-wage workers will be big winners. However, such “help the poor” claims must confront the fact that, as labor economist… Read More

Benedict XVI: A Life

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Benedict XVI: A LifeBy Peter SeewaldVolume 1: Youth in Nazi Germany to the Second Vatican Council 1927–1965Published in English by Bloomsbury Continuum, London, 2020Translated by Dinah Livingstone Peter Seewald has recently published an extensive biography of Pope Emeritus Benedict XVI, and the work is a masterpiece which, once begun, cannot be put down. Seewald writes… Read More

Will Silver Outperform Gold?

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While silver has traditionally exaggerated gold’s upward and downward moves, the roles have been reversed over the past six months. While gold has seen its worst start to a year in three decades, the other precious metal has held up well until recently. As with gold, silver rose dramatically from March lows, peaking in early… Read More

Rothbard Week: 5 Great Things About Murray

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Contact Tho Bishop Tho is an assistant editor for the Mises Wire, and can assist with questions from the press. Prior to working for the Mises Institute, he served as Deputy Communications Director for the House Financial Services Committee. His articles have been featured in The Federalist, the Daily Caller, and Business Insider. Let’s block ads! (Why?) Mises… Read More

Economics In One Lesson Is Still the Best Layman’s Intro to Economics

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A line in a recent National Post news story left me aghast: “Economists are nearly unanimous in their support for the $381-billion deficit Ottawa plans to run in 2021.” One of Canada’s more reasonable newspapers, founded by Conrad Black, published the outlandish notion that unprecedented Keynesian deficit spending is plain-vanilla economics. This assertion, no doubt the honest belief… Read More

Bitcoin, Gold, and the Rush to National Digital Currencies

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A money which can be held in only one form, whether digital coin (as in the case of bitcoin), or banknote, or sight deposit, or metallic coin, for example, is crippled. Yet, exclusive digital form has become a huge selling point for the promotors of bitcoin. Original Article: “Bitcoin, Gold, and the Rush to National… Read More

When I Toured East Berlin with Murray Rothbard

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The year 1982 was life changing for me. It also was the year that I met Murray Rothbard and toured what then was East Berlin with him and his wife—and a host of others. And thanks to Rothbard and others in the Austrian school of economics, I was able to understand just why the Communists… Read More

Dr. Copper Delivers A Diagnosis Of Inflationjessefelder

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A little over a year ago, I shared a chart of the copper price writing, “A breakout above that [upper trend] line would suggest that inflation (even stagflation), after being written off as a relic of the past, could finally be making a comeback.” Well, the copper price broke down in an epic fakeout last… Read More

🔴 Fed Gets RBA to Do Its Dirty Work – Ep 664

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Big gains on Monday give back on Tuesday. Australia doubles down on their QE program. US stock market rally made in Australia. Kevin Leary has Bitcoin backwards. Mark Cuban unknowingly refutes his own arguments. Democrats play politics with Wealth Tax. Anybody can consume, saving capital is the tough part. Get 3 extra months free:… Read More

Murray Rothbard on War and “Isolationism”

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[These edited extracts, from an interview in the February 1973 issue of Reason magazine, first ran in the June 1999 issue of the Rothbard-Rockwell Report.] Q: Why, in your view, is isolationism an essential tenet of libertarian foreign policy? A: The libertarian position, generally, is to minimize state power as much as possible, down to zero, and isolationism is… Read More

Why “Stakeholder Capitalism” Is a Disaster for Entrepreneurs

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The driving force behind the stakeholder capitalism philosophy is precisely that it creates opportunities for political actors to assert disproportionate control over the economy’s resources. Original Article: “Why “Stakeholder Capitalism” Is a Disaster for Entrepreneurs“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Let’s block ads! (Why?) Mises WireRead… Read More

Are You Easy Prey?

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For many years, I’ve been predicting the coming of a crisis of epic proportions. I’ve focused on the economic and political aspects, although the social aspects will be no less severe. This is not the stuff of crystal balls, nor is it mere guesswork. The fundamentals for economic crisis have remained essentially the same for… Read More

The Fed and Dollar Are at Risk of Collapse

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Peter Schiff discuss the Federal Reserve, Treasury, #bonds, Jerome Powell, #bitcoin, and #Elon Musk. Recorded 2/24/21 on NTD News. Invest like me: RATE AND REVIEW the Peter Schiff Show Podcast on Facebook. SIGN UP FOR MY FREE NEWSLETTER: Schiff Gold News: Buy my newest book at Follow me on Facebook:… Read More

Joel Greenblatt’s Playbook on Marriott

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This article is a guest post from Thomas at Steady Compounding. Be sure to check out his site! Joel Greenblatt was previously a fund manager at Gotham Capital and delivered an annualized return of 50% from 1985 to 1994, before returning all capital to its partners in 1995. In his book You Can Be a… Read More

The Great Reset, Part V: Woke Ideology

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In previous articles, I’ve discussed the Great Reset and introduced several ways of understanding the economics of it. The Great Reset can be thought of as neofeudalism, as “corporate socialism,” as “capitalism with Chinese characteristics,” and in terms of “stakeholder capitalism” versus “neoliberalism.” In future installments, I intend to treat the technological (transhumanist) and monetary… Read More

🔴 Inflation Is No Threat to Gold – Ep 663

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Stock markets end February hemorrhaging. March may start with a black Monday blood bath. Meme stocks mania add to the market craziness. Cancel culture insanity infects The Bachelor. Don’t assume Mr. Potatohead’s gender. How will the future generations judge us? Get 15% off your 1st order See site for details. Invest like me:… Read More