Mises at first bcame a very promising disciple of the historicist approach in economics. But then he encountered the writings of Carl Menger, the fountainhead of the Austrian School. Mises came to conclude that Menger and his disciples were right.
Rent control sounds like a good, humanitarian idea. Certainly, few if any tenants would quarrel with this policy.
The Federal Reserve creates and manipulates the dominant fiat currency of the world.
[This article appeared in the Letters section of The Wall Street Journal in a shortened form.]
You have to wonder if the lawyers at the FTC cracked a smile while accusing Amazon of being a monopoly due to the way it observed competitors’ responses to price changes.
Federal spending is so out of control that it only took three months for the federal debt to increase by one trillion dollars to over 33 trillion d
Admittedly, this idea sounds bad. Both “sell out” and “selling out” have a bad odor to them.
In a farewell talk, Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, emphasized one of the shibboleths of the U.S. military.
In a recent speech in Toronto titled: Generative AI, Producti
Last night’s Republican debate was a farce from beginning to end.
