Edward Chancellor’s Much-Needed (But Not Heeded) Wisdom on Interest Rates
The world seems to be on fire, and much of the trouble comes from the efforts of central banks to suppress interest rates. No one understands that problem better than …
Mises Wire
The Alex Jones Verdict Shows the Danger of Defamation Laws
The idea of defamation as a punishable legal matter is based on the notion that people do not have free will and are not responsible for their own actions. Original …
Higher Education in Crisis: The Problem of Ideological Homogeneity
In my second article on the college problem, I discussed the public policy factors that contribute to the rising cost of higher education. But politics makes its way into education …
What Do Supply and Demand Curves Really Tell Us? Not Very Much
It is commonly held that prices of goods and services can produced by means of supply and demand curves. These curves describe the relationship between the prices and the quantity …
The Economic Illiteracy of the Bitcoin Stock-to-Flow Model
In March 2019, the pseudonymous “PlanB,” who describes himself as a “former institutional investor with 25 years of experience in financial markets,” published a short article describing what he dubs …
An Ancient Warning: Criminal Trespass Is the State’s Essential Feature
The Bible the ancient Israelites were warned about the dangers of having a government that would tax them heavily and oppress them. They didn’t listen. Original Article: “An Ancient Warning: Criminal …
Interview with Jakub Bożydar Wiśniewski
In today’s world, dominated as it is by the ephemeral, the superficial, and the inconsequential, it can be hard for a rational, dispassionate observer to make sense of what is …
The Turkish Way
The Wall Street Journal reported on September 22 that Turkey’s central bank cut that country’s benchmark interest rate to 12 percent from 13 percent, pushing the Turkish lira lower as …
Can Tax Cuts Reduce Corruption in Ukraine?
Ukrainian president Volodymyr Zelensky recently announced a drastic tax cut. The program, entitled 10-10-10, is designed to lower taxes and encourage residents to pay them in the hopes of reducing …
Central Banks Claim to Preserve the Value of Money through Inflation
Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability. Ironically, they claim to do this through inflation targets. Original …