Well-functioning labor markets and the rise of Western Civilization—and our standard of living—is not an accident, coincidence, or a matter of chance.
The topic of this episode is probably familiar to most everyone—especially the arguments on both sides of the political debate. Mark largely ignores the politics, however, and digs deeper into more important aspects of the issue. Minimum wage laws don’t have to be politically divisive. Can minimum wage policy achieve shared goals and shared values?
Taiwan's response to COVID-19 mostly means self-imposed quarantines and more transparency. It's basically the opposite of what Europe is doing.
Original article: https://mises.org/wire/why-taiwan-hasnt-shut-down-its-economy
Narrated by Millian Quinteros (http://www.millian.com/).
Audio Mises Wire is also available on...
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https://www.youtube.com/watch?v=CrRkgrml7cw
General Andrew Jackson, fresh off the election of 1828, assumes the office of the presidency, armed with a battle plan to bring down the institutions he blames for the corruption of the republic: America's National Bank.
In this episode of Liberty vs. Power, Dr. Patrick Newman and Tho Bishop look at the Jacksonians' embrace of executive power and their battle against Nicholas Biddle of the Second Bank of the United States.
Recommended Reading
"Bureaucracy and the Civil Service in the United States" by Murray Rothbard — https://Mises.org/LP9_A
"The War on Cash: Old and New" by Louis Rouanet — https://Mises.org/LP9_B
A Short History of Paper Money and Banking in the United States by William Gouge — https://Mises.org/LP9_C
The Jacksonian Persuasion: Politics and Belief by Marvin Meyers — https://Mises.org/LP9_D
Cronyism: Liberty versus Power in Early America, 1607–1849 by Patrick Newman — https://Mises.org/LP_Crony
To subscribe to the Liberty vs. Power Podcast on your favorite platform, visit https://Mises.org/LvP.
Music: "Army of Soldiers" by The Brought Low is licensed under a Attribution-NonCommercial-NoDerivatives 3.0 International License.
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https://www.youtube.com/watch?v=nDC_SuQSYR4
There is no real housing market in the US. Instead, an unholy trinity of Fannie/Freddie, the US Treasury, and the Federal Reserve Bank operate to distort the market at every turn and drive home prices up dramatically. Mises Institute Senior Fellow Alex Pollock, an economist and former mortgage banker, joins Jeff to describe the reality few Americans know.
Alex Pollock's new book Surprised Again: The Covid Crisis and the New Market Bubble: https://Mises.org/HAP377a
Alex Pollock on how the Fed became the world's biggest S&L: https://Mises.org/HAP377b
Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org.
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00:00 Introduction
01:05 The Current State of the Housing Market
07:04 Fed Backed Mortgages
15:30 Interest Rates
23:38 The Mortgage Resale Market
33:42 The House of Cards
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https://www.youtube.com/watch?v=1eFUrFRhZjY
Jonathan Newman joins Bob to dissect Paul Krugman's latest NYT op-ed, in which he derides Ron DeSantis as paranoid for thinking a central bank digital currency (CBDC) could be used to control citizens.
Krugman's op-ed in the New York Times: https://Mises.org/HAP391a
Bob breaking down negative interest rates: https://Mises.org/HAP391b
Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org.
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00:00 Introduction
00:59 Dangers of Central Bank Digital Currencies
08:08 CBDC doesn't mean 'Fedcoin'
14:04 Civil Asset Forfiture and CBDCs
23:08 Using Money to Change 'Undesirable' Behavior
26:48 Negative Interest Rates and a Cashless Society
35:15 Trusting the Government with your Money
47:04 Currency Predictions
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https://www.youtube.com/watch?v=GaV9TuZGBvY
Recorded at the Mises Circle in Boston on the campus of Harvard University, on 1 October 2016.
Hillary Clinton and Donald Trump both propose economic "plans," but neither understands the gravity of our situation. Minimum wage increases, higher taxes on the rich, or new import tariffs won't solve deep structural problems with the American economy: spending, debt, entitlements, and unchecked monetary expansion. Yet while the candidates posture, millions of Americans are now stuck in a new normal of decreasing wealth and decreasing opportunities.
What can be done to radically change the course of the US economy? What will it take to make DC stop spending and the Fed stop manipulating? Can the house of cards be rebuilt on a new foundation? And can Austrian economics provide real answers to our fiscal and monetary problems? Join us in Boston for the most engaging and provocative perspectives on the untold story of this election: The real state of the US economy.
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https://www.youtube.com/watch?v=WHAqn7mRE18
Is equality good and inequality bad?
Over the known history of man, increasing economic inequality is associated with rising standards of living for all. Using common analogies, increased economic inequality lifts all boats, and not only increases the size of the economic pie, but also cuts everyone larger pieces of pie.
Subscribe to this monthly podcast at https://Mises.org/Unanimity.
Music: “My Universe” ℗ 2006 Kate Higgins (katehiggins.com). Used with permission.
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https://www.youtube.com/watch?v=mIutF-XnY0s
Daniel McAdams from the Ron Paul Institute gave a talk last weekend about groups funding war propaganda in mainstream and social media, and how they prevent anti-interventionist voices from being heard on those same platforms.
Companies like YouTube, Google, Facebook, and Twitter are now judging—and banning—ideological content based on the guidance of really evil organizations like the Atlantic Council, Snopes.com, and the Southern Poverty Law Center.
All of this poses serious questions for doctrinaire libertarians, not only concerning free speech, but also property rights: remember, these are ostensibly private companies free to operate as they see fit.
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https://www.youtube.com/watch?v=9qBdh79e4bI
Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes. This only makes sense if the economy is much weaker than the Fed claims.
Be sure to follow the Fed Watch Podcast at https://Mises.org/FedPod.
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https://www.youtube.com/watch?v=e6m-Ag7K5XM