Are Highly Paid People Just Lucky?
If a person makes a lot of money through "luck" perhaps the most philosophically rigorous answer is simply this: "so what?"
Mises Wire
Individuals, Reason, and Action
It is always the individual who thinks. Society does not think any more than it eats or drinks.
Trump’s Budget: Radical Change or More of the Same?
Trump’s budget does eliminate some unnecessary and unconstitutional programs, but it largely leaves the welfare-warfare state intact.
Las Vegas: An Austrian View of Land Prices
Is buying land a good idea? It's a lot more complicated than simply declaring "buy land, they aren't making it anymore."
More Solar Jobs Is a Curse, Not a Blessing
Wind and solar are simply a bad deal for consumers, workers and the environment. Another example of government policy having nothing to do with reality.
Healthcare: “Insurance” Now Just Means Redistribution
When politicians talk about health "insurance" they're usually just talking about schemes to redistribute wealth and income.
Deflation, Easy Money, and the Boom-Bust Cycle
When money is made "out of thin air," we see economic busts go hand-in-hand with price deflation. This is not the case with sound money.
Gold vs. Fluctuating Fiat Exchange Rates
Without gold, without an international money, the world is destined to stumble into one accelerated monetary crisis after another.
Week in Review: June 3, 2017
Political agendas like the Paris Agreement must take into account costs, benefits, and economic reality. "Science" doesn't dictate good policy.
Trump Fed Nominees
Trump has chosen nominees for two of the three open Fed board positions: Randal K. Quarles and Marvin Goodfriend.
