Just-wage theory tells us that an employer cannot reduce his workers’ wages below some presumed “cost of living.” Ye Read More Article from Mises Wire Mises InstituteThe Mises Institute’s website is a treasure trove for enthusiasts of Austrian economics, libertarian philosophy, and classical liberalism. Serving as both an educational platform and a research resource, the site offers […]
If we search the news from 2007, we can find plenty of headlines with the IMF and the Federal Reserve predicting a soft landing. No one seemed to worry about rising imbalances. The main reason is that market participants and economists like to believe that the central bank will manage the economy as if it were a car. The current […]
Recorded in Nashville, Tennessee, on September 23, 2023. Read More Article from Mises Wire Mises InstituteThe Mises Institute’s website is a treasure trove for enthusiasts of Austrian economics, libertarian philosophy, and classical liberalism. Serving as both an educational platform and a research resource, the site offers a vast array of articles, academic papers, books, and […]
Recorded in Nashville, Tennessee, on September 23, 2023. Read More Article from Mises Wire Mises InstituteThe Mises Institute’s website is a treasure trove for enthusiasts of Austrian economics, libertarian philosophy, and classical liberalism. Serving as both an educational platform and a research resource, the site offers a vast array of articles, academic papers, books, and […]
Read More Article from Mises Wire Mises InstituteThe Mises Institute’s website is a treasure trove for enthusiasts of Austrian economics, libertarian philosophy, and classical liberalism. Serving as both an educational platform and a research resource, the site offers a vast array of articles, academic papers, books, and multimedia content aimed at advancing the principles of […]
Read More Article from Mises Wire Mises InstituteThe Mises Institute’s website is a treasure trove for enthusiasts of Austrian economics, libertarian philosophy, and classical liberalism. Serving as both an educational platform and a research resource, the site offers a vast array of articles, academic papers, books, and multimedia content aimed at advancing the principles of […]
The US consumer sentiment index, compiled by the University of Michigan, fell to 69.5 in August from 71.6 in July. A weakening consumer sentiment index is seen as indicating a potential downturn in consumer spending and the economy in general. Most economic commentators agree that individual consumption rather than saving is the key to economic […]
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Last week, prosecutors for the Southern District of New York unsealed an indictment against New Jersey senator Robert Menendez. The senator, his wife, and several businessmen are accused of providing “sensitive U.S. Government information” and taking steps that “secretly aided the Government of Egypt” in exchange for cash, gold bars, a luxury convertible, and more. […]
The Nigerian government should have seen the economic disaster the eNaira would Read More Article from Mises Wire Mises InstituteThe Mises Institute’s website is a treasure trove for enthusiasts of Austrian economics, libertarian philosophy, and classical liberalism. Serving as both an educational platform and a research resource, the site offers a vast array of articles, […]