Undisciplined

Inequality is caused by inflation By Lennart Wagemans Paul Krugman once claimed that inflation was necessary for relative income equality. The truth is that inflation, by creating winners and losers, increases and exacerbates income inequality. originally posted at…

Trump, RFK Jr, and Bitcoin From Bitcoin University Video Description In this video, I discuss the keynote speeches given at the 2024 Nashville Bitcoin Conference by Donald Trump and RFK, Jr. I conclude that RFK, Jr. understands Bitcoin and economic policy at a much deeper level than Trump. It'

How Economists Evaluate Tariffs Versus Income Taxes From The Human Action Podcast with Bob Murphy Episode Description Prompted by a listener request, Bob gives the standard economic analysis of tariffs and other types of taxes. This is relevant because the populist Right is arguing for a hike in tariffs to…

What Project 2025 says about the Fed By Jonathan Newman Surprisingly, Project 2025 blames the Fed for exacerbating the cycle of booms and busts, inflating away the value of the dollar, enabling exorbitant deficit spending. Excerpted from Project 2025 A core problem with government control of monetary policy is its…

Canada's "worst decline in 40 years" By Peter St. Onge What changed? Justin Trudeau's campaign to convert Canada from a US-style mixed economy into a state-dominated economy like the sick men of the EU. originally posted at…

Student loans are the 'fudge factor' that allows institutional profiteering By Jane L. Johnson The student loan program not only is saddling young people with huge debts, but it also encourages colleges and universities to charge higher tuition. originally posted at…

Have we been living in an MMT world since 2008? By Joseph T. Salerno What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century. originally posted at…

Why Not Just Cancel All The Debt? From Bitcoin University Video Description In this video, I discuss the problems that arise if you try to avoid a sovereign debt crisis by "canceling" a country's debt. For example, a T-bill is a liability of the US

Wall Street's latest poison: Leveraged ETFs By Douglas French Just as Wall Street created products to participate in the housing boom (subprime mortgages, mortgage backed securities, credit derivatives), the industry now has triple leveraged ETFs to satisfy the public’s gambling appetite. originally posted at…

A 'smart city' is a city plagued by high taxes and central planning By Zach Varnell When municipalities embrace new technologies, people often refer to them as “smart cities.” However, all too often these technological “revenue enhancers” are nothing more than shakedowns of local citizens. originally posted at…

The Republican platform ignores the real causes of inflation By Ron Paul The 2024 Republican platform promises that, if Donald Trump returns to the White House and Republicans gain complete control of Congress, they will reduce inflation. originally posted at…

The American tradition of abolishing central banks By Thomas J. DiLorenzo The US abolished its first three central banks, and this was followed by a period of immense economic growth. End the Fed? We did it before and can do it again. originally posted at…

When you hear an American talking about "Threats to our Democracy", understand that "Democracy" just means "rule by Democrats" They're not hypocrites, they're just using the word differently than you think they are.…

An Austrian contribution to the praxeology of nature conservation By Maciej Dołbień In our present age, nature conservation is seen as a state-empowered activity. However, only by understanding praxeology can we engage in effective conservation. originally posted at…

Unelected technocrats are now the nation's chief executives By Ryan McMaken For all the regime's talk about "democracy," it is clear at this point that the White House is run by unelected personnel who are accountable only to the elites in their own ruling

Can Solar Rooftops Power the World? From Undecided Video Description Growing the world’s renewable energy capacity has always been a delicate balancing act, and one of the many plates we have to spin during that act is land use. Utility-scale solar and wind parks are rapidly expanding in…