In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also had fatal flaws.
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Peter Klein joins to discuss the Mises Institute’s new book, Hayek for the 21st Century—exploring knowledge, competition, money, and why freedom beats central planning every time.
The restoration of the Reconciliation Monument at Arlington Cemetery is welcome news for those that realize the historical significance of this monument. Peace and reconciliation are always better than waging war.
Landlords have been using AI tools to get a better idea of market conditions and changes in the rental market. Naturally, the government is trying to end this practice under the false belief that such tools involve collusion.
Hoppe is an exacting analyst of what works, not an architect of upheaval.
Hoppe is an exacting analyst of what works, not an architect of upheaval.
While monetary inflation has various economic effects—predictable and surprising, direct and indirect—this article seeks to explore the effects of monetary inflation on food. Specifically, debased currency leads to debased food.
Assistant editor Joshua Mawhorter joins Tho Bishop and Connor O’Keeffe on the Power and Market Podcast. The three discuss Trump’s acquisition of a stake in Intel, consider how monetary policy contributes to a lot of the national health problems MAHA is focused on, and react to Jerome Powell’s Jackson Hole speech.
Assistant editor Joshua Mawhorter joins Tho Bishop and Connor O’Keeffe on the Power and Market Podcast. The three discuss Trump’s acquisition of a stake in Intel, consider how monetary policy contributes to a lot of the national health problems MAHA is focused on, and react to Jerome Powell’s Jackson Hole speech.