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The Week in Review: June 18, 2016

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06/17/2016

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:

Author:

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The Mises Institute works to advance the Austrian School of economics and the Misesian tradition, and defends the market economy, private property, sound money, and peaceful international relations, while opposing state intervention.

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