Mises Wire

Last weekend’s horrific terrorist attack in Orlando dominated the headlines this week, another example of how government can’t be trusted to keep us safe. Predictably, politicians shamelessly jumped on the tragedy to try to curtail gun rights, ignoring the fact that homicides are at a 51-year low.

Meanwhile, the Federal Reserve shocked no one by backing off prior pledges to raise interest rates. In spite of recent attempts to paint a rosy economic picture, the Fed was forced to admit the jobs data is worsening and sees no way to raise rates without tanking the economy. Meanwhile, in light of next week’s Brexit vote, the Bank of England is trying to scare voters away from leaving the un-European EU.

Mises Weekends focuses on next week’s Brexit vote, as Jeff was joined by Godfrey Bloom, a former British MEP. The wonderfully un-PC Bloom, who famously once quoted Murray Rothbard in the halls of the European parliament, offers his unique perspective on next week’s vote. He and Jeff discuss the odds of whether the "leave" campaign will be successful, whether the ECB's failure to prevent sovereign debt crises in Europe influences the vote, and whether Brexit would cause actual eurozone countries to follow suit.

And in case you missed any of them, here are the articles featured this week on the Mises Wire:

• Elizabeth Warren’s War on the Poor by Patrick Trombly
• A Common Central Bank Tool: Fear Mongering by Tho Bishop
• The Fed Pours Water on the Job-Growth Hype by Ryan McMaken
• Concerned About Job Growth, the Fed Backs Off Raising Rates by Paul-Martin Foss
• Tax Breaks Don’t Hurt Video Games, Intellectual Property Does by Matthew McCaffrey
• Higher Education's Academic Monoculture by Loyd S. Pettegrew and Carol A. Vance
• FBI: US Homicide Rate at 51-Year Low by Ryan McMaken
• How Minority Groups Really Advance by Ryan McMaken and Thomas E. Woods, Jr.
• Central Bankers Are Wrong About Inflation and Deflation by Frank Shostak
• The 9 Best Quotes Against Intellectual Property by Louis Rouanet
• Charity Needs Markets by Jörg Guido Hülsmann
• USDA: People Make the Choice to Eat Unhealthy Food by Ryan McMaken
• Property Rights and "Human Rights" by Murray N. Rothbard
• The FBI and NSA Won't Keep Us Safe by Ryan McMaken
• The Keynesian Blessing: Americans Are Broke by William L. Anderson
• 1916: The Breaking Point by Hunt Tooley