The “New Normal” of Ultra-Low Interest Rates
After nine years of unwarranted and irrational monetary policy, some people are taking the current monetary regime as normal and natural.
Mises Wire
Yellen To Congress: We’ll do Something Someday
Janet Yellen testified before Congress and was as bland and predictable as ever: still uncertain, still has no clue what to do.
Judge Rules Health Insurance Companies Matter More Than Taxpayers
Both taxpayers and health insurers are victims of Obamacare. Why are courts penalizing the former to protect the latter?
Showdown: Yellen and Trump
There is bubbling tension between the Trump vision and the Bernanke-Yellen monetary regime.
Who Will Be Blamed if the Oroville Dam Fails?
California politicos lied about the cost of the failing Oroville dam, then failed to maintain it properly. But, government will likely escape all blame.
The Goal of Socialists Is Socialism — Not Prosperity
Some claim that if socialists understood economics they wouldn't be socialists. This is doubtful since the larger motivation is often political control.
“Real Wealth” vs. the Boom-Bust Cycle
In a boom-bust economy, there is real wealth, and there is bubble wealth. Economic busts are a "cleansing mechanism" that clears out the bubble wealth.
What Will Trump Do About the Central-Bank Cartel?
The Federal Reserve is centralizing and cartelizing central-bank policy worldwide. Will Trump move to end these moves toward one global central bank?
Introduction to the Austrian School of Economics
Here's what I had to say about the relevance of my recent book on the Austrian school of economics to a Korean audience.
