Category: 3-DailySometimeCommentary

The Trump team plans to tinker with government spending, but this does nothing to address the real problem which is the current inflationist monetary experiment. 

Original article: Under Trump, Expect No Change to the Monetary Status Quo

No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing, praxeologically speaking. Instead, it clouds our understanding of how money fits into our economy. 

Original article: A Praxeological Critique of the Equation of Exchange and Neutrality of Money

Perhaps John Maynard Keynes' best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out, however, Ludwig von Mises eloquently explained why inflation undermines the free market economy.

Original article: The Inflationist View of History

President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US dollar. While Trump may come off as being "tough" in his negotiations, he cannot bluster his way to a stronger dollar, thanks to reckless monetary policies.

Original article: Tariffs Won’t Save the US Dollar

Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British farmers are quickly finding out that the taxman is coming for them too.

Original article: Inheritance Tax Hikes Threaten Farmers’ Property Rights in the UK

A common refrain among college fans is, "The Transfer Portal and NIL are ruining college sports." But are they? Before we can answer that question, we have to be able to explain what is happening, and Austrian economics provides the best analytical tools.

Original article: Are the Transfer Portal and NIL Ruining College Sports? Explaining the Changes Using Austrian Economics

Most editorialists and pundits have labeled Jimmy Carter's presidency a failure, but his activities after he left office as a rousing success. The truth is that his successful deregulation efforts have left a positive and lasting legacy.

Original article: Jimmy Carter’s Legacy Is Much More than Good Deeds Done in His Later Years

Like Santa, who gives free gifts to our children, people think of the state as providing services “for free.” However, the state cannot provide anything without first confiscating wealth from others—like the Grinch, who first stole all the presents in Whoville.

Original article: The State Isn’t Santa Claus, It’s the Grinch!

Babies born in the US to Black Hispanic or African American mothers are more likely to die than any other ethnic group in America.

That is a fact.

But the reason why this happens is unclear. In 2020 a study came out that claimed that black babies attended by white doctors after birth were twice as likely to die than white babies attended by white doctors.

People jumped to the conclusion that the race of the doctor was leading to the different outcomes. But when you delve into the numbers, a very different picture starts to emerge.

Presenter: Lizzy McNeill Series producer: Tom Colls Production coordinator: Brenda Brown Sound mix: Steve Greenwood Editor: Richard Vadon