From Mises Institute <[email protected]>
Subject The Hidden Costs of “Buy Now, Pay Later” Culture
Date November 19, 2025 8:00 PM
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Mises Institute
Wednesday, November 19, 2025



Gen Z is not making things up when it says housing costs can be financially crippling for young families. Rents and home prices have risen swiftly in recent years thanks to both monetary inflation and the cumulative effects of government intervention. The rent really is too high, and this has radicalized many young voters. Unfortunately, as Diyar Kasymov shows today ([link removed]) , many look to false “solutions” like rent control to fix things. Housing is one of the most regulated and subsidized industries in America. If we want more affordability, we need to give free markets a try (for once).

Young families are also now taking another hit as the job market slows and recession fears mount. Frank Shostak today explains ([link removed]) what really causes recessions.

Ryan McMaken, Editor-in-Chief

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Government Intervention, Not BlackRock, Is To Blame For The Housing Crisis
Diyar Kasymov
The rent is too high. However, government interference into rental markets has been the main reason rents are so high in the first place.

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Does a Decline in “Aggregate Demand” Cause a Recession?
Frank Shostak
Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause and effect, Keynesians don’t understand that downturns are the result of malinvestments made during the boom because of central bank interference in the economy.

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Government Intervention, Not BlackRock, Is To Blame For The Housing Crisis

The rent is too high.

LISTEN + ([link removed])

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Origins of the Welfare State in America

Murray Rothbard traces America’s welfare state to Progressive-era alliances using “compassion” to centralize power.

LISTEN + ([link removed])

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The Real Affordability Agenda
Politicians of both parties ignore the real cause of price inflation: the Federal Reserve.

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The Logic of Monetary Collapse: A Rejoinder to Hülsmann
When we think of the term “equality,” most of us think of it in a formal sense: equality under the law. However, political elites are demanding “substantive” equality, which is impossible to achieve.

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Origins of the Welfare State in America
We must realize that the two most powerful motivations in human history have always been ideology and economic interest, and that a joining of these two motivations can be downright irresistible.

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Economic and Social Consequences of Inflation

As Karl-Friedrich Israel explains, inflation isn’t just about rising prices.

WATCH NOW ([link removed])


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The Misesian

In the latest issue of The Misesian, we give readers a sense of what happens at Mises University by featuring lectures and photos from the event, as well as testimonials from students.

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