Mises Institute

The concept of economic calculation is vitally important to understanding our modern economy, yet few people— and especially economists—comprehend that it even exists.

Vegas expected Renato “Sound Money” Moicano to lose his UFC fight against Benoit Saint Denis. Instead, he won and used the opportunity to promote the work of another Austrian economist. This time, it was Hans-Hermann Hoppe. Narrated by Millian Quinteros.

The two-percent price inflation target is just a political slogan, and the Fed has many ways of ignoring its supposed two-percent target. Be sure to follow the Loot & Lobby podcast at https://Mises.org/LL

In August, the money supply grew at the fastest rate in 23 months. The Fed fears a recession, so we can now expect even more monetary growth. For graphs and more, read https://mises.org/mises-wire/money-supply-growth-hit-23-month-high-and-fed-wants-more Be sure to follow the Loot & Lobby podcast at https://Mises.org/LL

What explains Bitcoin? Why does it exist, and why is “nothing” worth $70,000 a piece? Moreover, there are millions of owners of Bitcoin and other cryptocurrencies and yet few real transactions take place relatively speaking. How does this relate to the coming of a BRICs currency, the reserve status of the petrol-dollar, and the war on cash? Mark Thornton discusses Gresham’s Law, one of the most ancient and impactful principles of modern human society. Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at https://Mises.org/IssuesFree Follow Minor Issues at https://Mises.org/MinorIssues

Regulators with the European Union want people to believe that the “dead hand” of government regulation actually enhances competition. The only thing their actions enhance is more government power. Narrated by Millian Quinteros.

What if we could have eavesdropped on a conversation between Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen? It might have gone as follows.... Narrated by Millian Quinteros.

When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That would include permitting a price system to work, protecting private property, and so on. But there is more. Narrated by Millian Quinteros.

Thanks to increasingly broad car-seat laws, a third child often requires the purchase of a larger, more expensive vehicle. At the margins, this has an effect on fertility. Narrated by Millian Quinteros.

One of the outcomes of the American Civil War was the movement toward centralization of political power in Washington. The Reconstruction regime imposed upon the former Confederate states following the war was an overt attempt to further impose federal power there. Narrated by Millian Quinteros.