Mises Institute
Tuesday, December 23, 2025
Monetary inflation isn’t a problem just because it leads to rising prices. The bigger problem is that easy money leads to financial bubbles and booms and busts. It diverts savings to consumption and undermines the foundation of the economy. Frank Shostak explains today ([link removed]) how the bubble process works.
Not that you’d hear much about this problem in your typical university program. Murray Rothbard understood that modern universities function as organs of state propaganda ([link removed]) .
Ryan McMaken, Editor-in-Chief
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Financial Bubbles: How they Make Us Poorer
Frank Shostak
Financial bubbles, which used to be rare, have become a way of life, thanks to a quarter century of easy money policies from the Federal Reserve System. We need to better understand how bubbles form and why they are so harmful.
READ MORE + ([link removed])
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Unmasking Academia: The State’s Ministry of Opinion
Thiago V. S. Coelho
Murray Rothbard properly noted that the predatory state needs its “court intellectuals” to legitimize its predations. American higher education is happy to provide them.
READ MORE + ([link removed])
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Home Prices and Sales Fall. Can Sellers Count on Lower Interest Rates?
The real way to increase home sales is to cut prices further.
LISTEN + ([link removed])
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Woodrow Wilson’s Christmas Grift
of 1913
Two days before Christmas, 1913, the “creature from Jekyll Island” was birthed into our body politic.
LISTEN + ([link removed])
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The Brutality of the US Empire Is on Display in Venezuela
What we cannot do, legitimately, is have the US government go abroad in search of the Venezuelan monster to destroy.
read more ([link removed])
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From the Desk
of Lew Rockwell
Sound economics and economic freedom have never been more crucial than today. With your help, we will continue fighting against the state and its tyranny.
read more ([link removed])
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The Roots of Collectivist Thinking
The idea is now widespread that communities or groups exercise a form of collective thought, which can be duly expressed as the thoughts of the group mind.
read more ([link removed])
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Looking Back
and Forth
Is the yield curve turning?
2026 could un-invert the story.
WATCH NOW ([link removed])
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Hayek for the 21st Century
The Mises Institute is giving away 100,000 copies of this collection of essays by Austrian School economist and Nobel laureate F. A. Hayek, whom Ludwig von Mises described as “one of the great economists” of all time. The vision of this book is to introduce a new generation of readers to Hayek’s writings.
ORDER YOUR FREE COPY + ([link removed])
Donate today! ([link removed])
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