Mises Wire

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Peter G. Klein

US Defense Secretary Ash Carter is making the rounds with a speech about ISIL being a "cancer" that must be cured with aggressive treatment.

Joseph T. Salerno
Norway's largest bank, DNB, has joined the relentless campaign by governments and big banks the world over to abolish cash, the physical embodiment of a nation's monetary unit and the last tangible, if tenuous, link to the 19th-century gold standard.
Joseph T. Salerno

This is from the in-case-you-missed-it files. Thomas Sowell, my favorite Chicago economist, was a long-time supporter of the Federal Reserve bound by a Friedmanite monetary rule. In an interview in 2010, he called the Fed a "cancer" and advocated its abolition.