Why Do Half-Measures Work for Markets, But Not for Socialism?
Socialists tell us that socialism won't work unless it's total and pure. Fortunately, even partial and halfway pro-market reforms work quite well.
Mises Wire
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Beyond the Failure to Hit 2% Inflation
According to the Fed's preferred measure of rising prices, it has failed to hit it's 2% price inflation target. Enter “flexible price-level targeting.”
Capitalism Is About Working Less to Earn More
If working is the price we pay to obtain things we want, then economic progress means decreasing this price thanks to continued productivity growth.
Arizona’s Government Has Adopted New Pro-Gold Reforms
Arizona will no longer impose taxes on capital gains from gold and silver. It's for now a small thing, but an important one.
John Williams: Longer Term Economic Challenges
John Williams thinks multiple rate hikes are fine this year, but has some concerns about the slowing growth of the economy long term.
Robert Shiller Is Shilling for the State
For economist Robert Shiller, housing bubbles result from too little government regulation.
Are We Fighting Terrorism, Or Creating More Terrorism?
The G7's new "crackdown" on terrorism really means more surveillance of innocent civilians, less free speech, and many more bombs dropped overseas.
Changes in the Money Supply Don’t Cause Business Cycles
Business cycles do not result from mere fluctuations in the money supply. What is needed is that the changes occur with money made "out of thin air."
How Long Can the Fed Keep the Boom Going?
Given current bond and stock market valuations, investors seem to be fairly confident that the Fed will succeed in keeping the boom going.
Self-Determination, not Universalism, is the Goal
The future is decentralized; why are so many libertarians arguing for the opposite?
