Mises Institute
Saturday, November 29, 2025
It’s pretty clear now that the Fed’s 2% price-inflation target—which was invented to justify more inflation—has now become politically impossible. The Fed’s de facto target is now 3%, or maybe even 4%, because the Fed doesn’t really care about so-called “price stability.” Hamoon Soleimani explains ([link removed]) what that means for us.
And George Ford Smith asks: will AI lead to socialism ([link removed]) by causing mass unemployment and political revolution?
Ryan, Editor-in-Chief
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The Impossible Two Percent: Why Central Banks Cannot Afford Price Stability
Hamoon Soleimani
While the Fed continues its “two percent” charade, the central bank has been inflating the US economy into ruin. The latest Fed capers will not end well.
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Does AI lead to Socialism?
George Ford Smith
The standing myth about AI is that it will put everyone out of work and leave the Marxian Reserve Army of Labor. The other fear is that it will bring about socialism. Neither is true.
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Most popular this week
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Do Markets Ever Reach Equilibrium?
Equilibrium is an imaginary construct that should be used only for analytical purposes. Unfortunately, mainstream economists have claimed it should represent a desired state of economic affairs.
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Families Are the Key to Building Alternatives to the State
From the perspective of the state, the ideal society is one composed of single parents raising a small number of children in irreligious households.
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Republicans Aren’t Actually Interested In Shrinking Government
DOGE’s early excitement is gone, partly because Republicans buy into the progressive paradigm that government programs provide essential services.
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Featured Audio
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Interest Is Not the Marginal Product of Capital
In actual markets, the interest rate emerges from time, prices, and capital valuation.
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How 50-Year Mortgages Turn Home Owners into Renters
Taxpayers will pay
the price.
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Contagion
Politicians and central bankers invoke “contagion” to demand more power and money, yet their interventions cause the very fragility they decry.
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No, You're Not Hurting the Economy by Saving Money
It's an old Keynesian myth.
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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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