Modern economists attempt to define money by correlating it with economic activity. As Austrian economists know, money is defined by its function as a medium of exchange.
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While US politicians are presenting policy prescriptions to make life more affordable, none of them are proposing what really would end this crisis: free markets.
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The money supply has accelerated over the past three months and is now at the highest rate of growth seen in 40 months—since July of 2022.
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Politicians now are campaigning on “affordability,” but their idea of making things in life more “affordable” consists of numerous interventions into free markets that ultimately make things more costly.
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Jeffrey A. Singer The Centers for Disease Control and Prevention (CDC) Advisory Committee on Immunization Practices (ACIP) decided on December 5 to update the CDC’s current guideline for immunizing newborns…
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The “K-shape” isn’t a mystery. As Mark Thornton explains, it’s Cantillon effects from cheap money and Leviathan.
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Mises Fellow Karl-Friedrich Israel appears on The Peter McCormack Show.
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The money supply has accelerated over the past three months and is now at the highest rate of growth seen in 40 months—since July of 2022.
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As leftist politicians claim they will make life more “affordable” by imposing costly government intervention into the markets, others vote with their feet, moving to places with less intervention and…
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If Europe wants to excel at tech and innovation, it needs to stop throttling the marketplace with regulations and taxes. Nor should Europe copy the China model of subsidies and…