Interventionism

What Murray Rothbard used to call the "Old Right" stood for liberty, freedom of speech, and a free economy. Most importantly, they stood for peace, all in contrast to the "liberals" of their day and ours.

California's 2014 ban on “single-use” plastic bags was supposed to lead to less waste of plastic, which hasn't happened. Now environmentalists are demanding the state ban the same plastic bags mandated by the original legislation. One intervention begets another and another.

The Mises Institute is creating lessons for young economists to better help them evaluate and interpret economic events. Of course, these lessons also apply to anyone else wanting to be better educated on economics.

While Bitcoin and other cryptocurrencies can boggle the mind with their complex relationships, nonetheless, we are witnessing the development of a parallel economy that has sprung up in the wake of harmful government intervention.

While we experience the predictable economic consequences of bad economic policies, the two main presidential candidates seem to be competing in an unspoken contest to demonstrate profound economic illiteracy. Unfortunately, whoever wins in this contest, we lose.

While Bitcoin and other cryptocurrencies can boggle the mind with their complex relationships, nonetheless, we are witnessing the development of a parallel economy that has sprung up in the wake of harmful government intervention.

The recent “housing” plan from the Kamala Harris campaign is being touted in the media as a “solution” for this nation's housing problems. However, the plan, if implemented, will be like trying to quench a fire by pouring gasoline on it.

While we experience the predictable economic consequences of bad economic policies, the two main presidential candidates seem to be competing in an unspoken contest to demonstrate profound economic illiteracy. Unfortunately, whoever wins in this contest, we lose.

Trump has taken to calling Kamala Harris a "communist." But a real communist president would be hemmed in by the political class, who wants to keep the profits they’re extracting from us, and limited by a commitment to principles. Harris will not have that problem.

As the Federal Reserve manipulates the money supply and interest rates, the yield curve becomes a less reliable indicator of economic activity. The more the Fed plays havoc with the system, the more we see the boom-and-bust syndrome.