Mises Wire

When anti-capitalist leftists expound on the evils of "neoliberalsm," they are usually just attacking freedom and free markets in general.

Far from being neutral, inflation leads to changes in political institutions, and these changes push up unemployment over time.

It is often argued that democracy replaces violent political changes with peaceful ones, but this is not quite as convincing as we are told.

All of this has happened before, and all of this will happen again.

With an election coming, the Fed has lost its enthusiasm for raising interest rates, much to the benefit of the incumbent party.

There are really two types of asset-price-inflation periods. One is the "boom" type, but the other is the current "depression" type.

Regulation makes many firms larger and more bureaucratic than they would otherwise be.

The Homestead Acts are often held up as proof of how wise and prudent the federal government can be. The actual history of the Acts is less impressive.

Joseph Salerno spoke on "Why Falling Prices Are Good for Business" at Ramapo College in New Jersey on October 4.

From the state to private corporations, many groups benefit from marijuana prohibition. And, they will fight to keep marijuana illegal.