The Canaries in the Coal Mines Are No Longer Singing
The Federal Reserve has declared its program of monetary expansion (formerly referred to as inflation) over in an effort to fight rising prices (currently referred to as inflation). As Murray …
Mises Wire
Turns Out the Elites Like the Administrative State Better than Democracy
The New York Times claims that the “administrative state”—that is, governance by unelected bureaucrats—protects our country and enhances democracy. Original Article: “Turns Out the Elites Like the Administrative State Better than Democracy” …
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Not too long ago, most of us took our news or commentary in print. Thanks to entrepreneurs and digital technology, we now have other options. Some people still prefer to …
SCOTUS Attacked Indian Tribe Sovereignty in Castro-Huerta, and That’s a Bad Thing.
Indian tribe sovereignty has long been a much neglected, yet important, tool in decentralizing and limiting government power in the US. Original Article: “SCOTUS Attacked Indian Tribe Sovereignty in Castro-Huerta, and …
GDP Provides a False Reading of the State of the Economy
The GDP (gross domestic product) statistic portrays a view that the key driving factor of economic growth is not the production of wealth but rather its consumption. Instead, it is …
More than Sixty Years after “Liberation,” Cuba Is a Communist Slave State
More than sixty years after being “liberated” by Fidel Castro and communism, Cuba has become a large slave state where people enjoy little freedom. Original Article: “More than Sixty Years …
Contrary to Public Myths, Rent Control Hasn’t Been a Success in Sweden
Sweden’s rent control is widely touted by many who don’t understand economics as a model for how a property market should work. Young people in Ireland, for example, like to …
Civil Society and Counterrevolution against Progressivism
“Repealing the twentieth century” sounds like madness to many. Yet the progressivism that came from that century will be the death knell of civilization if not stopped. Original Article: “Civil Society …
Krugman Is Wrong (Again): Artificially Low Interest Rates Created Bubbles
Paul Krugman denies that the Fed artificially suppressed interest rates. As usual, Krugman neither understands interest rates nor the effects of inflationary policies. Original Article: “Krugman Is Wrong (Again): Artificially …
Nine Ways Debt and Deficit Spending Severely Harm African Societies
Keynesian economics is a scourge to any nation that tries it, and African countries are no exception. Original Article: “Nine Ways Debt and Deficit Spending Severely Harm African Societies” This …