Article 7 July 16, 2022

The Economics of National Divorce

Mises Institute 07/15/2022

Lots of Americans now openly discuss the idea of National Divorce, focusing on the political, cultural, and social divisions in America. But what about the economics? How would issues like debt, entitlements, and defense be addressed if the US split into two or more new political entities? Mises.org senior editor and economist Ryan McMaken joins Jeff Deist to discuss.

Authors:

Jeff Deist is president of the Mises Institute. He previously worked as chief of staff to Congressman Ron Paul, and as an attorney for private equity clients. Contact: email; Twitter.

Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor’s degree in economics and a master’s degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

Inflation Hits 9.1 Percent after Months of Empty Talk at the Fed

Mises Wire, 07/13/2022Ryan McMaken

https://mises.org/wire/inflation-hits-91-percent-after-months-empty-talk-fed

The US Bureau of Labor statistics released new Consumer Price Index inflation estimates this morning, and the official numbers for June 2022 show that price inflation has risen to 9.1 percent year over year. That’s the biggest number since November 1981, when the price growth measure hit 9.6 percent year over year. The month-over-month measure surged as well, with the CPI measure hitting 1.4 percent. That’s the highest month-over-month growth since March 1980, when the measure hit 1.5 percent.