Mises Wire

Over the past 200 years, Europeans have held many elections to decide secession questions. In some cases, these votes were used in the creation of an entirely new sovereign state. 

The recent sale of an invisible statue for £13,000 is symptomatic of the thoroughgoing financialization of our economy. Investors have become ever more obsessed with the symbols of economic reality and less concerned with underlying economic facts.

If Bukele really wants monetary freedom for El Salvador, he should not have presented them with what, effectively, is a government handout for bitcoin hodlers and the companies behind the Strike app and other potential intermediaries.

However one may feel about immigrants, both historical experience and an honest reading of the US Constitution makes it clear that the federal government is not, in fact, empowered to enforce immigration.

Henry Hazlitt’s second law is the observation that everything in Keynes's General Theory is either unoriginal or untrue. Keynes's theory of unemployment equilibrium is the most original aspect of his work. 

Free consumers and business owners always seek to cooperate in the marketplace. After all, "suppose there were no coming together, each individual dependent solely on his or her own thoughts and productivity…. All would starve!"

The United States has long supported the idea of secession and "self-determination" for some faraway colonies. But the US regime is careful to define self-determination so as to deny any chance of secession closer to home. 

The Federalists employed all the tricks: from delaying the postal delivery of Antifederalists' pamphlets to waging a propaganda war in the press. The Federalists also did their best to limit suffrage only to groups likely to vote for ratification.  

If the Fed were to embark on aggressive monetary pumping to counter economic recession this will not produce the intended effect. It will only dilute the pool of real savings and make things worse.

When you copy the European Union, you also should know you will get European Union–style lack of growth and job creation.