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In most nations of any size, sectionalism is almost inevitable. How nations handle such divisions, historian Frank L. Owsley, determines if sectionalism is peaceful or becomes violent. It became violent in the US in 1861.
Original article: https://mises.org/mises-wire/positive-view-sectional-history
Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.
Original article: https://mises.org/mises-wire/why-affordability-wrong-term-describe-effects-inflation
A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.
Original article: https://mises.org/mises-wire/not-so-new-dollar-strategy-monetize-productivity-advance
The layoffs at the Washington Post are the source of bitter media tears today, but the Post's staff did it to themselves, and we explain why—and why it's failed where the New York Times and the New York Post have both succeeded. Give a listen.
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Thanks to the Federal Reserve, the US government will always have enough printed money to fund its tyrannical schemes.
Original article: https://mises.org/mises-wire/have-fiat-money-will-tyrannize
People wanting to purchase heat pumps might soon face sticker shock. Many consumers have sought out energy credits to find a greener and more affordable alternative to heating oil, but the tax credit to help make them cheaper has expired. Today on the show: how homeowners, the renewables industry, and its critics all feel about it.
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Cold-o-nomics
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