Trump is Wrong on H1-B Visas
Restricting H1-B visas is a win for protectionism at the expense of everyone else.
Mises Wire
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Make Every State a Sanctuary State
California says it may refuse to enforce federal immigration laws. But why stop with immigration laws? Many other federal laws should be ignored, too.
Will this Finally Be the Year the Fed Cuts its Balance Sheet?
Now that the Fed has slightly upped its Fed Funds rate target twice, there is talk of a much more ominous issue: shrinking the balance sheet.
Central Banking in the Week Ahead
While the odds of a rate hike at this meeting are low, the first meeting under the new administration may give hints to major 2017 themes.
A Better Solution Than Trump’s Border Wall
The solution to addressing the problem of illegal immigration is clear: remove the welfare magnet that attracts so many to cross the border illegally.
The Right to Own and Bear Switchblades
US law and 14 states still outlaw switchblades. The bans, however, were inspired by little more than Hollywood movies about juvenile delinquents.
A Heartless “Solution” to the Heroin Epidemic
By over-prescribing opiate painkillers, doctors drive many to heroin. Some conservatives want to "solve" the problem by imprisoning more addicts.
Should Cash be Abolished?
The usefulness of money depends on it having some connection to physical money. Reducing money to a digitized abstraction would be a disaster.
What Trump Means for Brexit, China, and the EU
The threat of a US-UK trade pact is very bad news for the EU, but Trump's more mercantilist side spells trouble for the US and much of the world.
Advertisers Aren’t As Powerful As We Think
Experience suggests that advertising and propaganda aren't as powerful as we assume them to be. This has both economic and political implications.
