Trump’s Tweets End the Myth of Fed Independence
The Federal Reserve is not politically independent — and it never was.
Mises Wire
When LBJ Assaulted a Fed Chairman
Naturally, Fed chairmen claim they are never influenced by politicians who threaten them. But it would by naïve to take this at face value.
“Price Stability” Is a Trick — It Actually Ruins Wealth
The Fed's policy of price stability, as in the 1920s, may catch economists again unaware of the damage inflicted by this policy.
QJAE 21, No. 1 Now Online
The new issue of the Quarterly Journal of Austrian Economics is now available online.
Can Government Make a Business Work “For The Good of Society”?
Rulings and regulations that force companies to keep unprofitable businesses operating "for the public good," are really a net loss for the public good.
Don’t Mix Politics and Entrepreneurship
Entrepreneurship can be both productive and unproductive — and even destructive — depending on the effects of public policy.
British Left Unveils Plan to “Weaponize” the Bank of England
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
The Plastic Straw Ban: Enforced With Violence
Every government law, regulation, or ordinance must ultimately meet noncompliance with jail cells and government agents with guns.
Can France Really Welcome All the World’s Poor?
The dominant immigration narrative in France ignores the importance of free trade, freedom in employment, and the importance of voluntary charity.
The Deep State’s Absorption of Donald Trump
The deep state’s absorption of Donald Trump is just one more confirmation of what our ancestors and Eisenhower, Kennedy, and Truman were warning us against.
