Mises Wire

Not only are stock markets near all time highs, the amount of margin debt is also at all time highs. Margin debt is money borrowed to leverage the purchasing power of portfolios.

Per Bylund spoke about why Sweden is held up as an example of socialist success on the Political Badger show. 

When the US Government implements a new law or policy, it's here to stay. No amount of complaining from the taxpayers will lead to a swift reversal in Obamacare, or the TSA, or the US Patriot Act, or NSA spying, or Net Neutrality, at least not without years of "studies" and hearings, and a national "debate."

There’s more to the global adventures of the greenback than meets The Economist’s eye.

March’s economic report from the National Association of Credit Management dropped to the lowest it’s been this year. The combined index fell from 53.2 in February to 51.2 this month.

Why is it that only former Fed officials are willing to say the truth about the economy and monetary policy. I know they don't know the whole truth and they are blinded by power, but why do they always wait till they are "former" to tell the truth.

In his chapter on the radicalism of the American Revolution from

Fearing it might some day compete against the World Bank and IMF, the US has been staunchly against China's AIIB. 

"In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building"

So The Economist apparently does not think too "highly" of my skyscraper theory

Jeff Deist and Paul-Martin Foss discuss Ron Paul's years fighting the Federal Reserve, why Carl Menger still matters, and why the Beltway types are wrong when they want to tinker with—rather than end—the Fed.