Mises Daily

Greenspan says it is a puzzle why long-term rates remain low while short-term rates have risen. But Frank Shostak says that this is not a puzzle at all. 

The Bush plan claims to increase capital accumulation because of its superficial emphasis on investment, writes Robert Murphy. But it is a total shell game.

For years people will debate the real reasons the US invaded Iraq. Lew Rockwell looks at the facts.

Gene Callahan recounts a forgotten period of intellectual history when the obsession with modelling crowded out the search for truth. 

The Real Bills Doctrine (RBD) has a long and controversial history, writes Robert Blumen. Many of the key concepts originated with the monetary crank John Law.

The medical marijuana case decided June 6th (Gonzales v Raich, et al.) in favor of the government (6-3) was an easy slam dunk, writes D.T. Armentano. Still, there are many problems with the majority opinion.

In a series of editorials cleverly disguised as news stories, the New York Times is using highly misleading data to stoke envy and class hatred. George Reisman takes apart the latest in the series.

Frank Shostak explains that China is not the cause of bad US monetary policy.  

For the editors of The Changing Face of Economics (Colander, Holt, and Rosser, University of Michigan Press, 2004) "cutting edge" is more than a phrase. 

What a difference a decade can make.