Why Must Supply Precede Demand? Understanding Economic Foundations
Popular economic thinking holds that consumer spending is the most important driver of the economy. Actually, demand can’t exist without something first being supplied.
Popular economic thinking holds that consumer spending is the most important driver of the economy. Actually, demand can’t exist without something first being supplied.
The boom-and-bust cycles are not natural to a market economy, contra Keynes. Instead, government through monetary manipulation creates them—and then politicians blame markets themselves.
Bob critiques Yaron Brook's opening statement from the recent Soho Forum debate on the merits of anarchism .
The US government doesn't just blow money in the US. Indeed, the reach of its wasteful spending spans the globe, and Congress seems incapable of stopping it.
While Hillary Clinton’s call to have Trump supporters “deprogrammed” has been met with snickers, her attitude is in line with most of this country’s governing elites.
It's about much more than just price inflation. Ryan and Jonathan Newman look at the many ways that America's central bank causes economic chaos while making us poorer and more unequal.
Some small municipalities in Pennsylvania have disbanded their police departments, so others want to tax them for “depending” on state police. There is an even better course of action: allow private policing.
American culture wars are not the product of religious fundamentalists or even activist groups. They exist because of state interference in the private lives of individuals.
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
The affordability crisis is upon us. Housing, food, you name it, life is becoming expensive. The government blames business, but perhaps government officials should look in the mirror.
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Sponsored by Scott and Cathy Ullery.
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
US government officials from President Biden to Secretary Yellen think the US can fund endless wars, but the American people are suffering in reality.
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Governments are fond of accusing private firms of “greed” when prices increase during periods of inflation. However, they fail to tell the public that government services also face price increases.