A Fearful Fed Keeps Pouring Money Into the Repo Market
The Fed announced on Thursday it is adding another 83 billion in “in temporary liquidity to financial markets” And, in a development that will surprise no cynic anywhere, the Fed …
Mises Wire
FBI Spying and the Gaslighting of America
Bob uses the media coverage of the December Inspector General (IG) report on the FBI to illustrate how the establishment is gaslighting America. Specifically, some of the FBI’s tactics when …
“Low” Tax Rates Often Mask Much Larger Tax Burdens
Discussions about the incentive effects of taxes can be misleading. The focus is usually on the tax rates imposed. But one’s incentives are not best measured by tax rates, but …
Post-Mugabe Zimbabwe Still Faces a Host of Economic Problems
The death of Robert Mugabe on September 6, 2019, reignited conversations about the future of Zimbabwe. Economist Steve Hanke recently estimated that Zimbabwe’s inflation was at 605 percent, indicating the …
If Trump Decides to Start a Nuclear War, No One Can (Legally) Stop Him
In the days of the 2016 presidential campaign, Donald Trump’s opponents began to suggest he was too mentally unstable to be president. Specifically, it was said he couldn’t be trusted …
Two Big Problems with Single-Payer Healthcare
The single-payer healthcare system is a healthcare system in which one party is the sole provider of medical services within a society. Generally speaking, the party that manages the single-payer …
How Rent Seeking Impoverishes Nations
One of the fundamental questions in development economics is how an economy grows. As the reader may know, an economy grows by means of economic freedom, which implies property rights …
John Chisholm: The Tools and Techniques for Success in the Entrepreneurial Process
John Chisholm is the author of Unleash Your Inner Company: Use Passion And Perseverance To Build Your Ideal Business. Entrepreneurship is a process. Taking this view enables successful navigation over …
Investors, Randomness, and Entrepreneurial Thinking
Imagine mailing a stock prediction for next week to ten thousand unknowing recipients. Half of them contain a prediction for rising prices of some instrument, and the other half contain …
Why Sweden Ended Its Negative Interest Rate Experiment
Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists, who start with a wrong diagnosis: the …