The Kavanaugh Circus is the Result of the Politicization of the Supreme Court

Why is this nomination the subject of such rancor?

I have argued countless times that the federal government has grossly exceeded the limitations the Constitution imposes on it. Wherever you are as you read these words, look around you and try to find something in your line of sight that is not regulated by the federal government. It will be nearly impossible. Today the feds regulate not only our personal private behavior but also the states that created the federal government. More than half of each state’s budgetary expenditures are mandated by the feds.

Our International Movement

One of the great things about working at the Mises Institute is the opportunity to work and correspond with people from around the world. Whether we’re looking at Mises University students, Fellows, Senior Fellows, or Mises Wire writers, we can find writers and scholars from Poland, Britain, France, Brazil, Hong Kong, Spain, Mexico, and many other places as well.

The Myth of Synchronized Growth and the Era of Secular Stagnation

Adapted from an interview with Real Vision.

We have been hearing from international bodies, from central banks that we were living in a synchronized growth territory. That we were seeing developed markets grow faster than what was typical while emerging markets were also growing in tandem. And that the economies were much healthier, that everything was much better, and that 2018 was a year in which we would see the confirmation of that synchronized growth trend and the reflation trade.

Good Ideas Are Key in the War Against Bad Ideas

Writing decades ago, Friedrich Hayek observed: “In all democratic countries … a strong belief prevails that the influence of the intellectuals on politics is negligible.”

Hayek conceded this was true to “the extent to which they can sway the popular vote on questions on which they differ from the current views of the masses,” but he warned that “over somewhat longer periods they have probably never exercised so great an influence as they do today. … This power they wield by shaping public opinion.”