June FOMC Announcement: Rate Hike and Balance Sheet Plans
The FOMC concluded their June policy meeting today and announced, among other things, their interest rate decision: another .25% rate hike.
Mises Wire
The Myth of Infrastructure Spending
Almost everyone agrees that infrastructure spending is always a slam dunk for the economy. Unfortunately, they're often wrong.
Jeff Deist Joins Power Trading Radio to Discuss the Economy
Jeff joins John O'Donnell and Merlin Rothfeld to discuss the health of the US economy.
Mises-Influenced MP Becomes Brexit Minister
Hopefully Steve Baker will prove to be a great asset for the UK in its divorce from Jean-Claude Juncker and the bureaucracy in Brussels.
Mobility and Nobility
In this review of two new books on social class, Theordore Dalrymple examines some of the realities that frustrate the efforts of the egalitarians.
Let’s Fully Deregulate the Airline Industry
US airlines and their workers are motivated to get the government to protect them as a special interest group at a cost to consumers as a whole.
The US Taxpayers Have Spent Enough on the War in Afghanistan
A crony-capitalist, semi-privatized war in Afghanistan, may be cheaper — but it's still an unwarranted occupation financed by taxpayers.
Fed Officials Can’t See What’s Right In Front Of Them
Why is it so controversial to suggest that we should leave interest rates and credit markets alone?
Maskin on Samuelson
Eric Maskin has made some extravagant claims for the significance of Paul Samuelson.
Wages and Subsistence
Labor is appraised like a commodity not because the entrepreneurs are cruel but because they are subject to the supremacy of the pitiless consumers.
