Human beings like to form cooperative groups to achieve various ends. Research has shown, however, that there are limits to the size and nature of these groups, and this is why the state so often turns to violence.
In a remarkable TV interview, Otmar Issing, the former Chief Economist of the European Central Bank and a former member of its Board, dismisses negative interest rates as a solution to what ails Europe.
Bernie Sanders has been compared to Ron Paul because both men have waged insurgent campaigns. But that is where the comparisons should end, as Sanders really just offers a ramped up version of the status quo.
Food stamps were near and all-time high in 2015. They remain high thanks to a weak economy and a large expansion of the program during the Bush and Obama years.
Some old economic myths never die, and presidential candidates are once again running on old fallacies about free trade. In truth, uninhibited trade helps to make everyone wealthier, whether it happens domestically among neighbors, or internationally.
The BIS has just released a research report questioning whether negative interest rates are effective in achieving policymakers' goals of staving off a (phantom) deflation without adversely impacting the financial sector and the overall economy.
Putting an end to inflation requires not only the abolition of the Fed but also the abolition of the FDIC and FSLIC.
Contrary to the popular myth being passed around, three-fourths of Americans pay taxes on their income. It's a nearly inescapable flat tax on income known as the payroll tax. And it now generates nearly as much income for the Feds as the tax more commonly known as the "income tax."
Murray Rothbard would have turned 90 years old on Wednesday, and his contributions to economics have never been more relevant. Rothbard’s uncompromising assault on the state has made him one of the rare scholars to see his influence grow, even after his passing.
On the latest episode of Mises Weekend, Jeff Deist and Matt McCaffrey discuss Murray N. Rothbard's enduring legacy.
