Reichsbank

The Reichsbank: Germany's Central Bank Lays Foundation of Monetary Disaster

Blog11/28/2022

Long before there was the infamous German inflation of 1923, the Reichsbank created the scenario of monetary debasement.

California Massachusetts

Taxing the Wealthy: A Tale of Two State Propositions

Blog11/28/2022

Massachusetts voters approved yet another tax hike for high-income residents, while California voters rejected a similar proposition. The current tax fever does not bode well for economic growth.

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The Market, Part 2

11/28/2022Mises Daily Articles

In an unhampered market, profit and loss are entirely determined by the success or failure of the entrepreneur to adjust production to the demand of the consumers.

College Loans and Hazlitt's Lesson: Ignoring the Larger Picture

Blog11/26/2022

Politicians calling for student loan forgiveness or free college tuition have failed to understand the larger consequences of unlimited student lending. Henry Hazlitt would have understood.

Bans on "Assault" Weapons Do Not Reduce Crime

Blog11/26/2022

Biden wants to roll out yet another "assault" weapons ban. Supporters claim it will reduce crime, but it will do no such thing.

The Market, Part 1

11/26/2022Mises Daily Articles

The market economy is the social system of the division of labor under private ownership of the means of production. "To assign to everybody his proper place in society is the task of the consumers. Their buying and abstention from buying is instrumental in determining each individual's social...

The US Chip Blockade against China Is Creating Unplanned Consequences

Blog11/25/2022

Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage.

To UBI or Not to UBI, That Is the Question

Blog11/25/2022

Is there a case to be made for universal basic income? David Gordon examines the pro-UBI arguments by philosopher Matt Zwolinski.

It's Not Discrimination, Even When the Government Claims Otherwise

Blog11/25/2022

Governments are demanding there be "proportional" representation of women in professions that women historically have avoided. Those efforts will be unsuccessful.

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