Power & Market

[Editor’s note: The Mises Institue does not endorse any particular candidate, political strategy, political coalition, or political p

As the Austrian Business Cycle Theory would predict, after the Fed boosted the Fed Funds rate, the demand for life-sciences real estate has waned.

Libertarianism is a consistent and principled philosophy that is absolute in scope and universal in application.

Now in the Journal of Libertarian Studies: 

A study from The Federal Reserve Bank of San Francisco claims that most of the price inflation that plagued the US economy over the past few years was due to global supply chain disruptions, due to the Covid-19 pandemic.

Increasing federal deficits will result in tax increases, either directly via Congress and the IRS or indirectly via the Federal Reserve’s inflation tax.

The central problem with government economic policies is that many bad economic policies are politically advantageous.

Last month, in a move to curb another example of government overreach, Representatives Adrian Smith and Chuck Edwards introduced the

"War only destroys; it cannot create. War, carnage, destruction, and devastation we have in common with the predatory beasts of the jungle; constructive labor is our distinctively human characteristic."

Price inflation is never caused by greed. It's always caused by a growing money supply. The money supply has grown big-time since 2020, and now we pay a lot more for food and housing.