Former IMF Economist Declares War on Cash
The War on Cash is nothing more than a lust for more power by central bankers and their advocates in academia.
Mises Wire
Latin America’s Pink Tide Crashes on the Rocks
More than a decade ago, some South American countries were moving to the left in an effort to create a new paradigm. Things have not gone well for them.
The Continuing Relevance of Mises’s Human Action
In the nearly seven decades since its appearance, Human Action has come to be recognized as one of the truly great classics of modern economics.
The Myth of “Macroeconomics”
The macroeconomic approach looks upon an arbitrarily selected segment of the market economy as if it were an integrated unit.
Cronyism: Government, the AMA, and Med Schools
For decades, governments have been manipulating our views of what medical schools are, and what they should be.
The False Promises Behind Quantitative Easing
Loose monetary policy is based on a trickle-down theory designed to encourage spending and punish saving. This will lead to greater pain in the end.
Trump Is Half Right on the Military
Trump claims to be more skeptical about foreign invasions. That is good. Unfortunately, he also wants to spend a lot more on the military.
Thanks to Capitalism, There’s More Wealth to Go Around
Effective poverty relief becomes easier as workers become more productive. Fortunately, capitalism makes this possible.
The Fed vs. Savings
The Federal Reserve and in particular fiat money ruins the incentive to save for a better future.
How to Solve the Illegal Immigration Problem
No walls, no government databases, no biometric national ID cards. But not a penny in welfare for immigrants. It is really that simple.
