Mises Wire
Lew Rockwell on the Asian Infrastructure Investment Bank
Fearing it might some day compete against the World Bank and IMF, the US has been staunchly against China's AIIB.
“In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building”
"In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building"
So The Economist apparently does not think too "highly" of my skyscraper theory
Mises Weekends: Paul-Martin Foss on the Journey From Ron Paul’s Office to the Carl Menger Center
Jeff Deist and Paul-Martin Foss discuss Ron Paul's years fighting the Federal Reserve, why Carl Menger still matters, and why the Beltway types are wrong when they want to tinker with—rather than end—the Fed.
Mises Daily Friday: Brazil — Victim of Vulgar Keynesianism
Mises Daily Friday by Antony Mueller:
Brazil's government has long been devoted to the idea that more government spending will create more economic prosperity. For a time, it seemed to work, but now reality and disillusionment have set in.
Fed Tries to Figure Out How to Raise Interest Rates by a 1/4 of 1%
The Fed has been messing with interest rates for a century and suddenly they have forgotten how to raise interest rates?
A Reality Check on Defense Spending
Time reports that Rand Paul has come out in favor of a sizable boost to defense spending.
Europeans Overcoming Their Apoplithorismosphobia
Europeans have long been fearful of the prospects of price deflation, but now that it has arrived they have embraced it.
How Big Is Government in the United States?
How big is government in the United States? The answer depends on the concept used to define its size.
Money Emergence in Video Game Worlds
One great thing about innovation in gaming is that the more complex and realistic games get, the more they begin to mirror real-world economic principles.