Europe’s Unsustainable Welfare State
The EU average tax burden on workers is 44.9%. The average worker in the EU spends half a year working for the tax man. This is not sustainable.
Mises Wire
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The Conquest of the United States by Cuba
With the government-owned propaganda-spewing Radio Marti station in Miami, the US adopts socialism to fight socialism.
Five Takeaways from the House’s Yellen Hearing
What you need to know from Janet Yellen's testimony before the House Financial Services Committee.
Today Janet Yellen Explained (Yet Again) Why Interest Rates Should Stay Low
Today, Janet Yellen struck a dovish tone with Congress, saying that the Fed's target interest rate is not really that low after all.
Bank of Canada Raises Rates for First Time in 7 Years
It may be minor, but this week's rate hike should be just high enough so the Bank of Canada can cut them again when things start to get tough.
The Ancient Incas and the Collectivist State
“The Inca state seems to have been one of the fullest incarnations of socialist ideals in human history.”
On Borrowed Time
Those of us who are hostile to central planning are doubly hostile to governmental interference in the price mechanism — the policies of QE and ZIRP.
Thoughts on Nancy MacLean vs. GMU
As libertarians we cannot worry too much about the Nancy MacLeans of the world. We do not win people over by sniffing at them.
Janet Yellen: False Prophet of Prosperity
The next crisis will likely result from a rejection of the dollar as the world’s reserve currency.
The Tragedy of the Commons in the American Prison System
The war on drugs actually pushes violent criminals back onto the streets in order to devote resources to non-violent criminals.
