Mises Daily Email

Monday, December 15, 2025

To understand the staggering concentration of wealth and power on K Street and Wall Street, we first have to understand inflation and the mechanisms through which easy money creates inequalities and impoverishment in the economy. Economist Hal Snarr explains.

Also today: Jeff Degner reviews a new book on the economics of so-called “sexual freedom” and how it impacts economic growth by encouraging short-term thinking.

Ryan McMaken, Editor-in-Chief

Most Economists Still Don’t Understand How Inflation Is Destroying our Economy

Hal Snarr

Mainstream economists are at a loss to explain why the current regime of inflation and central bank interventions have been so economically devastating. Understanding Cantillon effects is vital to making sense of the current madness.

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Modern Marriage
and the Homeownership Rate

The marriage rate and the homeownership rate have been closely connected for decades.

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Longer, Higher for Longer

Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.

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The Mises-Hoiles Correspondence: What Might Have Been

Some little-known correspondence between two intellectual greats.

Interest Rates and the Marshmallow Test

People have a natural preference for having good things now instead of having them later.

Marriage Under the Influence of the Idea of Contract

Mises traces how marriage moved to being voluntary and contractual.

Trump is Winning Over the Fed

The latest FOMC meeting, the real takeaways from Powell’s Fed talk, and the continuing realities of Obamacare.

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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.