Chief Powell Is Walking a Monetary Tightrope Blind
The new Fed Chief Powell was optimistic at Congressional hearings this week. But he may have inherited a quickly-expiring boom.
Mises Wire
The Myth of America’s “Stingy” Welfare State
With welfare, the US outspends Canada and Australia, and is on a par with Switzerland. On government healthcare, the US outspends nearly everyone.
Carl Menger vs. Gustav Schmoller and the Socialists of the Chair
The debate on method between Menger and Schmoller was useful for the clarification of the differences between theoretical and applied economic research.
Shadow Imperialism: American Filibusters in Latin America
The US government was not involved in these early attempts by Americans to seize control of neighboring countries. But the imperialist impulse was the same.
Everything You Need to Know about Federal Spending in Five Charts
It’s time to address the budget in a comprehensive fashion.
There Are Fewer School Shootings Now Than During the 1990s
Schools aren't like they were when we were kids. Schools are safer.
Why Camping Out To Buy Stuff Is a Rarity in a Market Economy
Forcing people to wait days in a line to buy your product may not be the most efficient way to distribute goods.
Inflation Has Been Contained — But Not Because of a Liquidity Trap
When the Fed began paying interest on bank reserves, it kept a lid on inflation. But now there's no easy way out.
Trump’s Tariffs, Fannie’s Funding: How High Can Rents Climb?
Renters can't keep paying higher and higher rents, as nearly half of all renter households pay more than 30 percent of their income for housing.
