Deutsche Bank’s Troubles Raise Worries About the Future of the Euro Zone
Big banks like Deutsche Bank have the potential to take an entire economy hostage: When they get into trouble, they can drag everything down with them.
Mises Wire
Balanced Budget Amendments Are Useless: Limit Taxes, Debt, and Spending Instead
The Colorado constitution mandates voter approval of tax increases, and controls spending growth. If only we had something similar for the feds.
Stop Using Suicides to Push for Bigger Government
Recent media coverage suggests more government spending and more government control is the only "solution" to rising suicide rates in America.
The EU is Rotting (and Its Banks are Insolvent)
The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.
“Windfall Profits” Aren’t a Problem
Once it is understood that profits and losses evolve from the changing values of consumers, it becomes obvious that abolishing windfall profits or windfall losses is impossible.
Subjective Value Is not Arbitrary Value
The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.
Economics Is Not Rocket Science — It’s Even More Complicated
Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics.
Three Non-Libertarian Books You Should Be Reading
These three books can open up a deeper understanding of war, drugs, and human society in general.
Pence’s Hypocritical Speech on Cuba
While Pence pointed out the massive violations of civil liberties in Venezuela, Nicaragua, and Cuba, he forgot to mention what has been occurring at the US's Guantanamo Bay.
The Best Answer to Trump’s Tariffs: Free Trade
Neither the United States nor the European Union are so free of protectionist “sin” to cast retaliatory tariff stones at the other.
