The European Central Bank Is Trapped Like the Fed
Like America's central bank, the European Central Bank can't let interest rates rise without facing some big negative repercussions.
Mises Wire
Is NATO a Dead Man Walking?
Even as the USA seeks to expand NATO while it escalates tensions with Russia, the organization is facing internal pressures as some member nations do not agree with Washington's saber-rattling agenda.
Canada Nice No Longer: Trudeau’s Totalitarian Response to Trucker Protests
In 2020, Prime Minister Trudeau expressed alarm that the Trump administration might put down violent protests in US cities. In 2022, he decides a heavy-handed response to peaceful protests is justified.
The Avocado Ban Shows the High Cost of Nontariff Protectionism
This week's avocado ban—and the behind-the-scenes regulatory regime governing avocado imports—reminds us that there is no such thing as free trade between the US and Mexico.
Should Government Be Your Stockbroker? Maybe So, Says Bloomberg
Bloomberg suggests that individuals should not be permitted to make their own stock selections because they are not "qualified" to make such decisions. Instead, governments should help direct their investment choices.
Here in Canada, the Regime Considers a Peaceful Protest a “National Emergency”
Justin Trudeau wants to crush the peaceful trucker protest. So he's invoking the Emergencies Act so the regime can pretty much do whatever it wants.
The New Antieconomics
Economics starts and ends with scarcity, an inescapable reality of human existence. Antieconomics, personified today by MMT, starts with abundance and works backward.
In the Age of Covid, We’re Reminded an Unjust Law Is No Law at All
It is one thing to follow the law for prudential reasons and another thing entirely to assume the law brings with it some sort of moral imperative. Laws rarely do.
Money and Savings Are Not the Same Thing
Saving is not about never consuming things. Rather, saving enables us to devote more resources to growing wealth now for the purpose of consuming more in the future.
European Government Expansion Did Not Expand the Job Markets
Massive "fiscal stimulus" programs by European governments failed to reduce unemployment. The latest buzzword from the Continent is the "entrepreneurial state," based upon the delusion that government spending and regulation are responsible for wealth creation by private entrepreneurs.
