Mises Institute
Thursday, December 18, 2025
November’s jobs report was full of bad news ([link removed]) if you know where to look. Even the Fed thinks the official numbers are too optimistic. Part time jobs were up. Full time were down. And we’re seeing growing defaults, bankruptcies, and more.
Also, the word “contagion” is back as governments and investors fear anything seen as triggering a financial crisis. Yet, the fault for economic contagion ([link removed]) lies in the way governments cause boom-bust cycles.
Ryan McMaken, Editor-in-Chief
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It’s Time to Renew Your Mises Membership
Mises Institute
Join or renew today! It’s that time again. Join or renew your 2026 Membership with the Mises Institute and be part of a community that champions Austrian economics, freedom, and peace.
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November’s Weak Jobs Report Pushes the Fed Toward More Monetary Stimulus
Ryan McMaken
If employment reports continue to show growing economic stagnation, calls for more monetary inflation and government spending will only grow.
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Against the State
In this 2014 talk, Lew Rockwell articulates some important points for the growing anarcho-capitalist movement.
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How Religious Freedom in America Was Founded on Privatization and Decentralization
Why religious liberty grew.
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An Economic Contagion
A cascade of failing businesses may seem like an economic contagion of capitalism, but it results from government errors.
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The Problem with Defaulting in Argentina: A Response to Murphy
Precedents for sovereign default exist, but they are double-edged.
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President Trump’s “Mission Accomplished” Moment
Trump claims economic victory under a banner that read “Lower Prices, Bigger Paychecks.”
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The Boom Bust Cycle and the Federal Reserve
Mark appears on the Scott Horton Show to discuss the state of the US economy.
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.
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