Eccles

The Fed Is Not "a Good Idea that Became Corrupt": It Always Was Corrupt

Blog9 hours ago

It is easy to think of the Fed as a good institution that simply lost its way. In truth, it was a bad idea and a bad institution from its beginning.

wedding

How the State Seized Control of Marriage

Blog12/01/2022

State regulation of marriage—and the ensuing secularization of marriage that followed—is a historical development that was part of the larger trend toward the expansion of state power.

Deflation Is Not a Problem: Reversing It Is

Blog12/01/2022

Keynesian economists claim that deflation is as bad or worse than inflation. But deflation not only reverses inflation's bad effects but also allows new wealth creation.

Who Really Owns Big Digital Tech?

Blog11/30/2022

Is Big Tech a government creation—as the American Conservative recently claimed—or is it the result of entrepreneurs employing a mechanism created for noncommercial uses? It is both, writes Michael Rectenwald.

Who Pays Wealth Tax: The Rich or the Poor?

Blog11/30/2022

Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity."

Want to Protect Children? Don't Embrace "Safetyism"

Blog11/30/2022

No one seems to support "safetyism," or "helicopter parenting," yet Americans seem obsessed with keeping their children "safe" at all costs. It is not good for children—or their parents.

England vs. the Price System

11/30/2022Mises Daily Articles

The whole system of priorities, allocations, quotas, and licenses causes endless delays, keeps efficient concerns from expanding, and keeps inefficient concerns in business.

Money Supply Growth in October Fell to a 39-Month Low. A Recession Is Now Almost Guaranteed.

Blog11/29/2022

Money supply growth slowed even more in October, and is now back to levels we last saw during the repo liquidity crunch of 2019, and in the days right before the 2007–09 recession. 

Money Laundering: Another Noncrime Pursued by Criminal Authorities

Blog11/29/2022

Money laundering is illegal in the USA, but like so many other federal crimes, it is difficult to identify and define. That is the perfect recipe for government abuse of innocent people.

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