Mises Wire

Not only are stock markets near all time highs, the amount of margin debt is also at all time highs. Margin debt is money borrowed to leverage the purchasing power of portfolios.

Per Bylund spoke about why Sweden is held up as an example of socialist success on the Political Badger show. 

When the US Government implements a new law or policy, it's here to stay. No amount of complaining from the taxpayers will lead to a swift reversal in Obamacare, or the TSA, or the US Patriot Act, or NSA spying, or Net Neutrality, at least not without years of "studies" and hearings, and a national "debate."

In Monday, the Washington Post looked into some of the groups behind the "Less Marx-More Mises" signs found among the anti-Dilma Rousseff protestors in Rio. They found Kim Kataguiri.

Joseph Salerno's paper "A Modest Proposal for Reining in the Bernanke Fed" is now in the Top 10 in downloads on the Social Science Research Network (SSRN) in the category of "Response to Financial Crisis." (no kidding!) SSRN is the primary depository of working paper in economics and the social sciences. You can download Joe's paper here for free.

Profit is bad, the left tells us, but if you're really cool, you're allowed to make huge profits and no one will mind. 

There’s more to the global adventures of the greenback than meets The Economist’s eye.

March’s economic report from the National Association of Credit Management dropped to the lowest it’s been this year. The combined index fell from 53.2 in February to 51.2 this month.

Why is it that only former Fed officials are willing to say the truth about the economy and monetary policy. I know they don't know the whole truth and they are blinded by power, but why do they always wait till they are "former" to tell the truth.

In his chapter on the radicalism of the American Revolution from