How the Fed’s Easy Money Spurred Today’s Financial Frenzies
It was government policies that kick-started the engine of financial innovation, wrongly blamed by many in the press and left-leaning academia for this increased economic instability.
Mises Wire
Why a Bear Market in Bonds Points to a Weakening Economy
Years of bubbles and malinvestment have a downside: the destruction of the productive, wealth-building parts of the economy. And that could mean higher interest rates.
Pre-Columbian America Wasn’t Exactly a Paradise of Freedom
The story of the Americas as the violent “pacifying” and corralling of free indigenous peoples by white outsiders erases the long history of statism in many areas of the New World.
Don’t Expect Foreign Policy Experts to be Held Accountable for Afghanistan
Until there’s a new foreign policy class informed by an outlook of restraint, no kind of punishment or demotion of those who prosecuted the bungled wars of the past few decades should be expected.
The UK’s National “Crisis”: Age-Adjusted Mortality Is at 2008 Levels
Age-adjusted mortality in the UK rose in 2020 to the same level last experienced in 2008. Yet the government declared no national health crisis in those years.
Billionaire Plutocrat Jamie Dimon Wants to Ditch the Debt Ceiling
Deficit spending—which begets inflationary monetary policy—has been a boon for the financial sector and its billionaires. Naturally, bank CEOs would love to get rid of the debt ceiling.
What the New Nobel Winners Get Wrong about Economics
The new Nobel winners apparently think we can discover economic laws by crunching numbers. That's not how it works.
Polygamy Is a Problem for Economic Development
Research reveals that in sub-Saharan Africa children in polygamous families are 24.4 times more likely to die when compared with children in monogamous families.
We’re Living in a Chaos Economy. Here’s How to End It.
The chaos economy we're witnessing is not the fault of the market economy. Rather prices in some areas of the economy need to rise so high and so fast to harmonize supply and demand that entrepreneurs can hardly keep pace.
The 2021 Nobel Prize and the Trend of Economic Thinking
The 2021 Nobel Prize in Economics has been awarded to Berkeley's David Card, MIT's Josh Angrist, and Stanford's Guido Imbens for their work on "natural experiments," a currently fashionable approach to estimating the causal impact of one economic variable on another.
