Yellen on Negative Interest Rates
In Janet Yellen's Q&A with the House Financial Services Committee, Rep. Tom Emmer asked about the possibility and consequences of negative interest rates.
Mises Wire
DEA Releases New Drug Overdose Death Figures: Guns Safer than Prescription Drugs
"Drug overdose deaths are the leading cause of injury death in the United States, ahead of deaths from motor vehicle accidents and firearms."
Much of that “Redistributed” Wealth Goes Back to the Same Groups That Paid For It
Americans and Europeans redistribute a lot of wealth. But that doesn't mean it goes from high-income people to low-income people. In fact, a lot of government money goes back to the income groups that it came from. After the government takes its cut.
Samuel Moyn and Christian Human Rights
Samuel Moyn, a distinguished intellectual historian, argues that both Catholics and Protestants began in the 1930s to defend human rights and dignity, giving these ideas a conservative interpretation.
Are You Exploiting Others By Having a Job?
Somewhere along the line, Americans (and possibly others) began to suffer from the idea that starting a business and serving customers involves taking something out of the community.
The Fed Desperately Tries to Maintain the Status Quo
Given the current state of the economy, the Fed appears quite unlikely to raise interest rates any time soon. But what will it do if the economy starts to really go south?
Will Regulation Destroy a Revolution in Physics?
Without freedom in ideas and the profit motive, entrepreneurs will be unable and unwilling to spread the benefits of science across the globe, and countless advances will be doomed to obscurity, when they could be used to improve human life.
My Irish Eyes Are Smiling
Across the board drug decriminalization is coming and Ireland is next in line.
A Practical Guide to Hawaiian Secession
The BBC reports this week that a secession movement in Hawaii continues to simmer under the surface.
Mexico, Canada, and Ten American States Look Toward Marijuana Legalization
A ballot measure to legalize marijuana in Ohio failed this week, although as Mark Thornton notes, it was really just a scheme to give a government agency a cronyist monopoly on cannabis sales. But...
