Salerno Reviews Grant’s The Forgotten Depression
Joseph Salerno reviews James Grant's new book The Forgotten Depression — 1921: The Crash That Cured Itself in the spring 2016 issue of The Independent Review.
Mises Wire
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“Who Will Pay for It?” is the Wrong Question To Ask Politicians
It's vital to debunk promises of "free stuff" but we often concentrate too much on the "free," and not enough on the "stuff."
We Need the Pain that Comes with More Saving
We're constantly being told by the mainstream financial media that saving money will destroy the economy. In truth, only saving — which is nothing more than refraining from spending — can repair the damage done by years of easy money and reckless spending.
Fed Waves White Flag: “Foresees Fewer Rate Hikes”
The Federal reserve has bowed to the interests of Wall Street and the financial sector, yet again.
Hillary Clinton Wins the Federal Reserve Primary
Hillary Clinton has received $18,747 in campaign contributions from Federal Reserve employees — over four times more than all other candidates combined.
Switzerland: Negative Interest Rates Result in Rising Mortgage Rates
Remember back in December when we highlighted that one of the responses to central banks’ introduction of negative interest rates might actually be a raising of interest rates by banks to borrowers?
Mateusz Machaj on the Taylor Rule
Former Mises Fellow Mateusz Machaj has published a new paper, "Can the Taylor Rule be a Good Guidance for Policy? The Case of 2001–2008 Real Estate Bubble" in the journal Prague Economic Papers.
A New Italian Translation of Human Action
Nicola Iannello and Lorenzo Infantino have prepared a new Italian translation of Human Action's 1996 third edition.
The Rage Against Wall Street Isn’t Just Anti-Capitalism
Many people have figured out that Wall Street and Washington, DC work together to rig the game in Wall Street's favor.
