The (Empirical) Science Isn’t Settled
"Because Science!" has become a popular refrain. I'm not just talking about climate studies. Hayek memorably described this mentality as "scientism".
Mises Wire
Economics Doesn’t ‘Measure’ or ‘Predict’, It Explains
The purpose of economic science is not to resolve all social problems, nor does it have appropriate tools for this.
Iran Sanctions a Reminder of How America Militarized the Financial System
Europe must identify ways to limit their dependence on the US financial system – or else indeed be reduced to de facto-vassal status to DC.
Argentina’s “Sudden Stop”: Risk of Emerging Markets Collapse
Argentina is a warning, and administrations should take this as a serious signal before the scare turns into a widespread emerging market crisis
How the IMF Keeps Sub-Sahara Africa in Poverty
The bureaucrats at the IMF and other international bureaucracies actually want people to believe that bigger government means more prosperity.
Central Bankers Won’t Tolerate Deflation — No Matter the Cost
The concluding phase of credit expansion before the credit crisis is now about to begin.
In What Way Are Political Representatives Representative?
Is it possible to represent a constituency of people who hold varying and diverse opinions without betraying some of those same constituents?
Housing: High Prices, Few New Units
We're in a boom period, but housing construction is scant — which is making housing less affordable.
Did Lincoln Want War?
Civil war was inevitable — because Lincoln made sure it was inevitable.
Keynesism Crippled by Facts
Keynesism—the philosophy of big government spending, deficit financing, and continuous inflation—dominates nearly every government in the world.
