Articles For The Kingdom Age
In the economy, real economic return on investment is not just an important metric. It is crucial. That is why I find it so intellectually dishonest when some economists look at the GDP and employment growth without putting it in the context of the massive increase in debt, spending, and money supply. A stimulus plan is…
Read More “The Weak Jobs Report Shows the Failure of Keynesian Policies” »
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As someone who has written about public policies for three and a half decades, I have often struggled with the slipperiness of how words are used, because many people become confused by using words without thought. That gives power to those who can manipulate word meanings to mislead others. In turn, it incentivizes equivocation (when…
Read More “Legalized Plunder Has Been Supercharged in America” »
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Washington politicos want to keep the debt going up at breakneck speed forever. But the responsible thing to do is refuse another increase to the debt ceiling and force a partial default. Politicians hate that idea because default would make it harder to spend trillions in deficit spending. Be sure to follow Radio Rothbard at…
Read More “Why Congress Should Default on its Debt” »
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Jason Morgan (jmorgan@reitaku-u.ac.jp) is associate professor at Reitaku University in Kashiwa, Japan. PRIME MINISTER ABE SHINZŌ’S RESIGNATION AND THE END OF AN ERA IN JAPAN On August 28, 2020, Japanese prime minister Abe Shinzō entered a Tokyo press conference and began speaking. Speculation had been building for weeks that Prime Minister Abe would step down….
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One thing struck me as especially odd about Google’s ban of LewRockwell.com from its advertising program. This was the claim that articles on this site could “undermine participation or trust in electoral or democratic process.” I suppose what is meant is that the site has published articles that suggest there was substance to President Trump’s…
Read More “Why Did Google Ads Ban LewRockwell.com?” »
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Though the effective federal funds rate remains less than 0.1 percent, the reaction of the markets and financial press as the ten-year Treasury yield crossed the 1.5 percent threshold near the start of the month reminds us just how fragile our economy’s underlying monetary framework has become over the past two decades. Regularly at a minimum of at least 4…
Read More “How the Fed's Easy Money Spurred Today's Financial Frenzies” »
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Austrian Economics in Contemporary Business Applicationsedited by Hunter HastingsAuburn, Ala.: Mises Institute, 2020, 68 pp. Fernando D’Andrea (dodandrea@gmail.com) is a Ph.D. student in entrepreneurship at Oklahoma State University. The six-chapter book Austrian Economics in Contemporary Business Applications promises to follow Mises’s and Rothbard’s lead and translate sound economic ideas for laymen. The book is, up…
Read More “Review: Austrian Economics in Contemporary Business Applications” »
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The story of European colonization of the Americas is popularly understood as the conquest of American Indians—the end of natives’ control of the land and the beginning of their subjugation. The contingencies of indigenous agency and geopolitics mean that the reality is much messier, as historians have been steadily revealing for decades, but this interpretation…
Read More “Pre-Columbian America Wasn't Exactly a Paradise of Freedom” »
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After closing at 0.53 percent in July 2020 the yield on the ten-year US T-bond moved relentlessly higher, closing on Tuesday, September 28, 2021, at 1.55 percent. There is a growing likelihood that the July 2020 figure of 0.53 percent might have been the lowest point. How should we view this in the context of…
Read More “Why a Bear Market in Bonds Points to a Weakening Economy” »
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At a meeting with President Binden and other CEOs last week, JP Morgan Chase CEO Jamie Dimon predicted a global catastrophe if the debt ceiling is not raised. Dimon was echoing the words—nearly verbatim—of Biden’s Treasury secretary Janet Yellen in using the most extreme language possible, with words such as “complete catastrophe.” Dimon also repeated Yellen’s…
Read More “Billionaire Plutocrat Jamie Dimon Wants to Ditch the Debt Ceiling” »
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From the ongoing pandemic to ceaseless political tension—and everything in between—the past year and a half has been challenging for most Americans. Throughout this time, many pastors have sought to be a peaceful presence for both their congregations and their larger local communities. Have they succeeded? . . . . [Read More] The post Are…
Read More “Are Local Pastors in Touch with Their Community’s Needs? Americans Weigh In” »
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Bob provides a running refutation of Stephanie Kelton’s recent TED talk on Modern Monetary Theory (MMT). Mentioned in the Episode and Other Links of Interest: Stephanie Kelton’s TED Talk Bob’s review of Kelton’s book explaining MMT Bob’s article on opting out of Social Security Kelton’s intro to MMT, The Deficit Myth Bob’s interview of a…
Read More “Critiquing an MMT TED Talk” »
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Samuel Adams (1722-1803) helped organize the Boston Tea party (1773), was a state legislator in Massachusetts (1765-1774), and served in the Continental Congress (1774-1781) where he signed the Declaration of Independence. Adams served as governor of Massachusetts from 1794-1797. During Samuel Adams’ time as governor he issued many proclamations, including the following October 15, 1794…
Read More “Proclamation – Thanksgiving Day – 1794, Massachusetts” »
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All over the world, populations have been locked up, have become fearful, and none of it can be justified. Looking at the UK, the overall death rate for 2020 is not unprecedented, and some of the increase in the death rate is likely the result of an incomprehensibly bad covid policy. Sometimes, a dam breaks,…
Read More “The UK's National "Crisis": Age-Adjusted Mortality Is at 2008 Levels” »
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For a good reason, there have been more than a few references in social media lately to “The Truman Show,” a 1998 Jim Carrey film about a man living what he thinks is a totally normal life but, in fact, is a completely contrived reality show. He slowly grows to … Source: Tammy Bruce 14 total…
Read More “Biden's 'Truman Show': The fake and choreographed presidency” »
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Can America’s self-styled foreign policy experts be expected to learn from the failures of the latest misadventure in Afghanistan? If history is an indicator, there’s little reason to believe the foreign policy blob will learn the error of their ways. The horrific events of 9/11 inevitably brought the US back to Afghanistan, but this time…
Read More “Don’t Expect Foreign Policy Experts to be Held Accountable for Afghanistan” »
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Source: MisesInstitute 26 total views
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This year’s Nobel Prize in economics was awarded to David Card of the University of California, Berkeley, Joshua Angrist of Massachusetts Institute of Technology, and Guido Imbens of Stanford University. The laureates, according to the Nobel Committee have made an important contribution as to how to ascertain cause and effect from observational data. For instance,…
Read More “What the New Nobel Winners Get Wrong about Economics” »
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Our guest is Jay Bhattacharya, Professor of Medicine and Health Policy at Stanford University. Professor Bhattacharya is also research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, and director of the Stanford Center on the Demography of Health and Aging. Dr. Bhattacharya gained international…
Read More “Jay Bhattacharya on Public Health” »
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Entrepreneurship is a method, and it’s also a mindset. Fabrice Testa has written a book that brilliantly integrates the two: he calls the integration “Super Entrepreneurship,” and his book title is therefore Super Entrepreneurship Decoded (Mises.org/E4B_139_Book). He has the appropriate credentials as a proven super-entrepreneur who has created and nurtured numerous great companies (and successfully…
Read More “Fabrice Testa on Super Entrepreneurship” »
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