Moral Hazard: Kenneth Arrow vs. Frank Knight and the Austrians
Rather than impartial referees reducing moral hazard, governments are its most common cause.
Mises Wire
Is the Era of Ultralow Interest Rates Coming to a Close?
The financial press pretends that there's some grand shift away from the Fed's official low interest rate policy. This narrative is highly misleading.
Hugh Hewitt Throws a Tantrum About the Austrian School (and Much More)
Hugh Hewitt believes that federal law must cancel out local self-government always and everywhere. In some cases, he blames the Austrians.
Mises Contra Marx
Mises, more forcefully than any other critic, penetrates to the essence of Marx's fallacious view.
Stringham: America Has a Prosecution Problem
In today's Wall Street Journal, Edward Stringham reviews Locked In by John F. Pfaff.
Brexit Might Pave the Way for an Independent Scotland
As with the UK and the EU, predictions of post-secession economic doom should be ignored.
Which US States Are the “Moocher” States?
There's more than one way to show which states consume the most federal spending.
By Itself, a Chinese Sell-Off in US Debt Won’t Imperil the Dollar
The Federal Reserve has a lot more to do with the strength of the dollar than the Chinese state.
We Shouldn’t Have to Ask the State’s Permission to Work
Wouldn’t it be great if there was a magic bullet that would simultaneously raise wages and employment while also lowering prices for consumers?
