There are so many skyscrapers being built in China that I have not been able to keep track of them all. The "Walking Stick" building has just become the second tallest skyscraper in the world. This does not qualify as a genuine worldwide "skyscraper signal," but it does represent a signal for China.
Reports that the official unemployment rate has fallen to 5.1 percent may appear to vindicate the policies of easy money, corporate bailouts, and i
Economists, bankers, fund managers, and investors around the world are absolutely fixated on the Federal Reserve’s anticipated announcement this week, with many fearing that a rate hike could trigger more shocks like the recent Black Monday selloff.
James Fenimore Cooper widely influenced American literature.
Mises Daily Tuesday by William L. Anderson:
Mises Daily Monday by Justin Murray:
Refugees no longer stop at the nearest safe haven, but instead are lured into enduring hazardous black-market journeys for a welfare-state payoff. At the same time, states offer high fees and reams of paperwork for those seeking legal passage.
There's no shortage of intellectuals eager to churn out new schemes for central planning.
Ludwig von Mises coined the term “Montaigne Fallacy” to describe the famous 16th century French essayist’s blunder in describing market transactions as inherently exploitative. But is there more to him than his famous fallacy?
Refugees no longer stop at the nearest safe haven, but instead are lured into enduring hazardous black-market journeys for a welfare-state payoff. At the same time, states offer high fees and reams of paperwork for those seeking legal passage.
Whether it’s the aftermath of the Greek crisis or the ongoing migrant and refugee crisis, the nation-states of Europe, and the EU government, have plenty to worry about. Meanwhile, the world braces for next week's Fed meeting.
