Why Politicians Win (and Workers Lose) Under Socialism
The higher on the socialist hierarchy you look, the more you will find people who are too incompetent to do the job they are supposed to do
Mises Wire
Auto Loans: The Next Debt Bubble?
The auto-loan market has recently ballooned, but the delinquency data raises questions about how much longer these spending habits can last.
When Low-Wage Workers Are Better than Robots
Automation is not always a sign of greater efficiency — especially when automation is the result of government interference in the marketplace.
How Taxes Distort Business
Taxes not only fund wars and enrich unworthy rulers, but also create crippling distortions in every economy the world has ever known.
Stanley Fischer on the Balance Sheet: There will be no Tantrum on Wall Street
Stanley Fischer said on Monday that a negative market response to balance sheet reduction was unlikely.
The Federal Reserve Is, and Always Has Been, Politicized
The Fed has long claimed it is independent of politics. This, however, has always been a claim based on pure fantasy.
Busting the “Free College” Myth
If New Yorkers wanted to help students by paying for their tuition, they would have already done so on their own.
This Week’s Fed Events
Here are the Fed's upcoming events and speeches for the next week.
Luddy: The Fed’s Risky Uncharted Course
The Fed has strayed from its initial charter and is now the primary enabler of federal deficit spending and debt, which is now almost $20 trillion.
The Racist History of Minimum Wage Laws
Historically, minimum wage laws have done a lot to stifle employment among African-Americans. The trend continues today.
