Keynesian economists claim that cutting costs in a business slowdown is counterproductive. As usual, the Keynesians have it backward. Original Article: "Does Cost Cutting Undermine Economic Growth?" This Audio Mises Wire is generously sponsored by Christopher Condon.
On March 13th, the Pentagon rolled out its proposed budget for Fiscal Year 2024. The results were—or at least should have been—stunning, even by the standards of a department that’s used to getting what it wants when it wants it. The new Pentagon budget would come
As the financial ripples following the recent collapse of Silicon Valley Bank (SVB) continue to run through the financial sector, a predictable voice has weighed in on the affair, and, as always, giving bad advice. Elizabeth Warren, never one to skip a chance to publicly gnaw
Western governments seem to relish a clash with Russia, despite the specter of nuclear war. If so, it will be a conflict built on government lies. Original Article: "The Last Lie Government Will Ever Tell" This Audio Mises Wire is generously sponsored by Christopher Condon.
Important new discussion paper from a star-studded cast of environmental and resource economists*
Here is the link and story: Partha Dasgupta is a Cambridge University economist who in 2021 prepared a more than 600-page report for the British government about the financial value of nature. Not your average bedtime reading. But believe us when we say his report, the culmination of
It has been proposed that praxeology has potential not only as the foundation for growing the Austrian school of economics but other sciences as well. The utility of Austrian economics is immense, and similar achievements in other domains would be welcome. However, it seems like a
Economy The Fed’s Fight Against Inflation Could Cost Black Workers The Most By Santul Nerkar Mar. 30, 2023, at 6:00 AM The gap between white and Black employment rates has virtually vanished, but it might not last for long. Ting Shen / Xinhua via Getty Images When the world grinded
Canadian politicians tout their healthcare system as morally superior to private medicine. There is nothing moral about relegating thousands of people to death each year for lack of medical care. Original Article: "Democracy Created Canada’s Lethal Healthcare System" This Audio Mises Wire is generously sponsored by Christopher Condon.
At the end of February 2023, the price of oil (WTI and Brent), Henry Hub and ICE natural gas, aluminum, copper, steel, corn, wheat, and the Baltic Dry Index are below the February 2022 levels. The Supply Chain Index and the global supply-demand balance, published by