On October 11, President Trump tweeted that fake news was such a threat that someone should look into challenging network licenses on that basis. The next day, (October 12) he doubled down in a follow-up tweet that “Network news has become so partisan, distorted and fake that licenses must be challenged and, if appropriate revoked.”
In 2016, I wrote a piece at mises.org highly critical of inflation targeting. At that time the idea of a 2% inflation target was fast becoming mainstream.
[Part of a series on the Swiss economy and society.]
I discovered an old, obscure study recently that piqued my interests. In 1977, the Police Foundation – a private, non-profit organization dedicated to seeking innovations and improvements in policing — published a study of the San Diego police force entitled “Patrol Staffing in Sand Diego: One- or Two-Officer Units.” The study is a modest one that mostly explores the greater efficiency achieved with police units that only staff one officer per patrol car.
When the economy begins to sink into recession, politicians, mainstream economists, policy wonks, and the Federal Reserve begin beating the economic stimulus drum.
In an eloquent tribute to Murray Rothbard at the Mises event organized in his honor on October 6 and 7, Joe Salerno observed that his subject is still producing books twenty years after his death. Contrary to the misconception that Murray turned away from scholarship toward political advocacy in his later life, Murray, we are assured, wrote serious works in economics and history up until the end of his life—and then furnished even more food for thought after his death.
Delivered at the 35th anniversary of the Mises Institute, October 2017.
Opponents of Abe-economics — a policy whose defining characteristic these days is ever more radical monetary experimentation and a creeping but serious deterioration in the public finances — are in despair. Yet again, as in March 2015, the Japanese PM Abe has called a snap election (one year short of a full term with a campaign limited to 3 weeks), this time with the intention of crushing a potential leadership challenge within his party (the LDP) which incidentally could have brought a change in economic policy direction.
