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Protectionism Is Immoral, Unjust, and Corrupt

Blog10/27/2021

If a businessman pulls a gun on a customer and demands 20 percent more for a product, that is robbery. If a politician intervenes to the same effect, it is fair trade.

infla

Why the Fed's 2 Percent Inflation Standard Is So Bad

Blog10/27/2021

The world of the 2 percent target is something truly new and worse than what came before. It’s not the same old monetary policy but just with slightly higher inflation targets.

Three Ways Government Spending Is Ripping Us Off

Blog10/27/2021

Whether through taxes, debt, or inflation, government spending is about ripping off the productive taxpayers. Argentina's inflation and runaway deficits provide a cautionary tale.

Monetary Policy and the Present Trend toward Central Planning

Blog10/26/2021

There is need to realize that the economic policies of self-styled progressives cannot do without inflation. They cannot and never will accept a policy of sound money.

Thanks to Central Banks, the Old Investment Rules Don't Apply Anymore

Blog10/26/2021

Thanks to central banks' easy money policies, historically low interest rates and a desperate search for yield have created new danger zones for investors trying to stay out of trouble.

Why Business Owners Can't Just "Pass on" Tax Costs to Consumers

Blog10/26/2021

If business owners could increase their prices without a loss in sales, they would have already done so. Yet many conservatives mistakenly claim tax increases are just "passed on" to consumers.

"Deficit Financing" and Inflation

10/25/2021Mises Daily Articles

"The worst failures of money, the worst things done to money, were not done by criminals but by governments."

Why Interventionist Economists Love to Talk about Externalities

Blog10/25/2021

Step 1: claim that only government can solve the problem of "externalities." Step 2: claim that externalities are everywhere. Step 3: send in bureaucrats to solve every "problem" caused by externalities.

1789: The First Thing the New American Government Did Was Raise Taxes

Blog10/25/2021

It turned out that taxation with representation could be just as oppressive as taxation without representation. Or worse.

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