The Myth of a Self-Financed Fed https://mises.org/mises-wire/myth-self-financed-fed By Jonathan Newman > The Fed’s cost overruns in its building renovation project supposedly are not borne by taxpayers because, as the myth goes, the Fed is “self-financing.” However, the Fed’s “earnings” come from interest payments from the government, payments made by...taxpayers.

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The Myth of a Self-Financed Fed \ stacker news

By Jonathan Newman The Fed’s cost overruns in its building renovation project supposedly are not borne by taxpayers because, as the myth goes, th...

Economic Theory Explains Economic Data, Not the Other Way Around https://mises.org/mises-wire/economic-theory-explains-economic-data-not-other-way-around By Frank Shostak > Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested for falsification at any time. Austrian economics, however, begins with economic theory, which is used to interpret the real world. For clarity, Austrian economics is "positive" (as opposed to normative) in the sense that it is descriptive rather than prescriptive. It is not "positive" in the sense of Logical Positivism, which holds that the only meaningful claims are those which can be verified empirically.

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Economic Theory Explains Economic Data, Not the Other Way Around \ stacker news

By Frank Shostak Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus...

Higher Education in Crisis: The Problem of Ideological Homogeneity (2022) https://mises.org/mises-wire/higher-education-crisis-problem-ideological-homogeneity By Chris Calton > College faculties have historically leaned left, but now rigid progressive ideology is enforced by both faculty and administrations.  Honestly, I'm surprised it's that balanced.

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Higher Education in Crisis: The Problem of Ideological Homogeneity (2022) \ stacker news

By Chris Calton College faculties have historically leaned left, but now rigid progressive ideology is enforced by both faculty and administrations...

Cheap Credit Doesn’t Create Economic Growth—It Makes Us Poorer https://mises.org/power-market/cheap-credit-doesnt-create-economic-growth-it-makes-us-poorer By Soham Patil > Firms use net present value (NPV) to allocate resources, but it can be misleading when interest rates are influenced by inflation. Example:  

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Cheap Credit Doesn’t Create Economic Growth—It Makes Us Poorer \ stacker news

By Soham Patil Firms use net present value (NPV) to allocate resources, but it can be misleading when interest rates are influenced by inflation. E...

Cheap Credit Doesn’t Create Economic Growth—It Makes Us Poorer https://mises.org/power-market/cheap-credit-doesnt-create-economic-growth-it-makes-us-poorer By Soham Patil > Firms use net present value (NPV) to allocate resources, but it can be misleading when interest rates are influenced by inflation.

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Cheap Credit Doesn’t Create Economic Growth—It Makes Us Poorer \ stacker news

By Soham Patil Firms use net present value (NPV) to allocate resources, but it can be misleading when interest rates are influenced by inflation. E...

Latest Kawhi Leonard Aspiration Scandal News

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Latest Kawhi Leonard Aspiration Scandal News \ stacker news

@Undisciplined stacked 353 sats posting https://youtu.be/w_eB8M-f-fg [4 comments]

Trump’s Justice Dept. Launches Criminal Probe against the Fed's Powell https://mises.org/mises-wire/trumps-justice-dept-launches-criminal-probe-against-feds-powell By Ryan McMaken > This feud is little more than two factions within the Federal government fighting over how exactly to use the Fed’s many powers to inflate, exploit, and help fund an ever-expanding federal government. 

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Trump’s Justice Dept. Launches Criminal Probe against the Fed's Powell \ stacker news

By Ryan McMaken This feud is little more than two factions within the Federal government fighting over how exactly to use the Fed’s many powers t...

Did the Articles of Confederation Fail? Probably Not https://mises.org/mises-wire/did-articles-confederation-fail-probably-not By Larsen Plyler > The standard explanation for the Constitutional Convention was that the Articles of Confederation were a failure. However, the Articles actually worked the way they were supposed to work. Unfortunately, the advocates of a strong central government ultimately got their way.

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Did the Articles of Confederation Fail? Probably Not \ stacker news

By Larsen Plyler The standard explanation for the Constitutional Convention was that the Articles of Confederation were a failure. However, the Art...

Why Can’t I Have My Own Money Printer? https://mises.org/power-market/why-cant-i-have-my-own-money-printer By Emric Egbert > What would be the economic consequences if one individual had a money printer? Now trace that out to a central bank and government.

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Why Can’t I Have My Own Money Printer? \ stacker news

By Emric Egbert What would be the economic consequences if one individual had a money printer? Now trace that out to a central bank and government....

Stacker News has the monetization model you’re describing. Drop some more content on us.

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Cutting Interest Rates Isn’t a Cure‑All for the Economy https://mises.org/mises-wire/cutting-interest-rates-isnt-cure-all-economy By Alan Mosley > The Fed is cutting its discount rate again, but Americans will be disappointed with the results, as the Fed’s latest action only contributes to the boom-and-bust cycle.

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Cutting Interest Rates Isn’t a Cure‑All for the Economy \ stacker news

By Alan Mosley The Fed is cutting its discount rate again, but Americans will be disappointed with the results, as the Fed’s latest action only c...

Sovereign Credit, Affordability, and the Crisis Ratchet https://mises.org/power-market/sovereign-credit-affordability-and-crisis-ratchet By Michael Dioguardi > What if the affordability crisis is not a failure of markets at all? What if it is the predictable outcome of how modern governments finance themselves?

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Sovereign Credit, Affordability, and the Crisis Ratchet \ stacker news

By Michael Dioguardi What if the affordability crisis is not a failure of markets at all? What if it is the predictable outcome of how modern gover...

How to Compare Prices and Progress over the Years https://mises.org/power-market/how-compare-prices-and-progress-over-years By Patrick Barron > One way to compare prices of similar commodities and services over long periods of time is to convert the nominal prices to ounces of gold.

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How to Compare Prices and Progress over the Years \ stacker news

By Patrick Barron One way to compare prices of similar commodities and services over long periods of time is to convert the nominal prices to ounce...

The 'Psychedelic Renaissance' Continues | The Libertarian Institute https://libertarianinstitute.org/articles/the-psychedelic-renaissance-continues/ > In early 2024, Rick Doblin—the man whose work launched one of the biggest social and cultural movements of our time, “the Psychedelic Renaissance”—was expecting to see the crowning achievement of his life’s mission. The non-profit he led and founded, the Multidisciplinary Association for Psychedelic Studies (MAPS), had recently published the second of its Phase 3 clinical trials of the psychedelic drug MDMA, investigating its efficacy in the treatment of Post-Traumatic Stress Disorder (PTSD). The results seemed incontestable. > The MDMA-assisted therapy developed by Doblin and his team was shown to produce drastic improvement in 72% of patients with PTSD, so that two months after treatment, they no longer met the criteria for the disorder. This made it far and away the most effective treatment available for what is an otherwise largely intractable, debilitating, and potentially fatal mental illness, which afflicts over thirteen million Americans. And this second trial was the last hurdle to be cleared before the drug could receive FDA-approval and become a legal, prescription medication. The FDA-approval of MDMA was the main target Doblin set out to achieve when he founded MAPS four decades earlier.

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The 'Psychedelic Renaissance' Continues | The Libertarian Institute \ stacker news

In early 2024, Rick Doblin—the man whose work launched one of the biggest social and cultural movements of our time, “the Psychedelic Renaissan...

Stacker Sports Pod • Episode 66: Wildcard Weekend and Thunder Stumble

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Stacker Sports Pod • Episode 66: Wildcard Weekend and Thunder Stumble • Listen on Fountain

Undisciplined and GrayRuby talk the territory, NFL Wildcard weekend, NBA and more. Come say hi! https://stacker.news/~Stacker_Sports/recent

How much interest would there be in us doing some sort of watch along live episodes next season? I think it's within our very limited technical abilities.

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Stacker Sports Pod • Episode 66: Wildcard Weekend and Thunder Stumble \ stacker news

How much interest would there be in us doing some sort of watch along live episodes next season? I think it's within our very limited technical abi...

The Fed, Gold, and Crypto: Freedom and Competing Currencies https://mises.org/misesian/fed-gold-and-crypto-freedom-and-competing-currencies By Alex J. Pollock > To stay in power, governments have to keep spending money. They need to give money to their friends, to give money to their supporters, to carry out their various projects, and—most expensive of all—to have wars. Try to ignore the very stupid sideswipe at bitcoin. It's entirely beside the point.

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The Fed, Gold, and Crypto: Freedom and Competing Currencies \ stacker news

By Alex J. Pollock To stay in power, governments have to keep spending money. They need to give money to their friends, to give money to their supp...

Brutally Honest NFL WILD CARD Power Rankings I'm only partway through, but already some great stats - The Giants point differential was higher than the Panthers - In the 11 games when a team never punted, those teams were 8-3. The Packers were 0-3 when they didn't punt.

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Brutally Honest NFL WILD CARD Power Rankings \ stacker news

I'm only partway through, but already some great stats The Giants point differential was higher than the Panthers In the 11 games when a team never...

The Panic of 1893: An Austrian View https://mises.org/mises-wire/panic-1893-austrian-view By Joshua Mawhorter > From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much direct attention as it deserves.

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The Panic of 1893: An Austrian View \ stacker news

By Joshua Mawhorter From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much dir...

Stacker Sports Pod • Episode 65: NFL Week 18 and NBA Trade winds • on Fountain

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Stacker Sports Pod • Episode 65: NFL Week 18 and NBA Trade winds • Listen on Fountain

Undisciplined and GrayRuby talk the territory, NFL, NBA, World Junior hockey and more. Come say hi! https://stacker.news/~Stacker_Sports/recent

> Undisciplined and GrayRuby talk the territory, NFL, NBA, World Junior hockey and more.

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Stacker Sports Pod • Episode 65: NFL Week 18 and NBA Trade winds • on Fountain \ stacker news

Undisciplined and GrayRuby talk the territory, NFL, NBA, World Junior hockey and more. [6 comments]

Econ End of Year Extravaganza Part 2: Selecting the top post of the year We have our top post of Q4 in, so let's select the top ~econ post of 2025. Each of these posts have been awarded 41,833 sats for being the best of their quarter. Please read these great posts and vote on which should rank as the top post of the year. # Q1 Top Post [Bitcoin and (Monetary) Economics—Properly (Bitcoin Policy Institute)](https://stacker.news/items/889571/r/Undisciplined) by @denlillaapan A breakdown of three economists' thoughts about bitcoin and monetary economics. # Q2 Top Post [Who Are the Companies Hoarding Bitcoin? (Financial Times, Philip Stafford)](https://stacker.news/items/1011075/r/Undisciplined) by @denlillaapan Continuing his saga of trying to understand bitcoin treasury companies, Den finds a piece that he has relatively few disagreements with. # Q3 Top Post [Pleb Economist #8: What game theory can teach us about Bitcoin and self-custody](https://stacker.news/items/1030571/r/Undisciplined) by @SimpleStacker Some neat game theory about how the existence of self-custody keeps custodians (more) honest, even if no one is choosing to self-custody. # Q4 Top Post [MONEY CLASS OF THE DAY: Money Illusion and Unit Bias, Bitcoiner style](https://stacker.news/items/1264166/r/Undisciplined) by @denlillaapan Den's stated mission is to make us all less stupid when it comes to understanding money. Here he explains that fiat sucking as a store of value doesn't imply that it is failing as a medium of exchange.

Stacker News

Econ End of Year Extravaganza Part 2: Selecting the top post of the year \ stacker news

We have our top post of Q4 in, so let's select the top ~econ post of 2025. Each of these posts have been awarded 41,833 sats for being the best of ...