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February 16, 2024
A Note to Our Email List Subscribers:
Over the years, the number of email lists going out from the Mises Institute has become a bit unwieldy. So, beginning next week, we will be consolidating some of our email lists. If you are a subscriber, you will still receive regular emails highlighting our new articles, podcasts, and video content. But, depending on which lists you subscribe to, you will probably receive fewer total emails in your inbox each week. You will notice the emails look a bit different, but our goal is to continue sending you, as always, the best that mises.org has to offer.
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** By Ryan McMaken
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** How the US Regime Subsidizes Immigration—both Legal and Illegal ([link removed])
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Governments in the US subsidize immigration through a bevy of welfare programs. The effect of subsidization is predictable: you get more of what you subsidize. This is true for student loans, ethanol, immigrants, and more.
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** By Jane L. Johnson
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** The Federal Mega-Debt is Here to Stay ([link removed])
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Paying off the debt obviously won't happen, and the feds won't even contemplate anything that keeps the debt from getting bigger. They'll just try to inflate the debt away, so get ready for price inflation.
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** By Frank Shostak
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** Does the Balance of Payments Determine Exchange Rates? ([link removed])
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Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others.
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