Salerno Reviews Grant’s The Forgotten Depression
Joseph Salerno reviews James Grant's new book The Forgotten Depression — 1921: The Crash That Cured Itself in the spring 2016 issue of The Independent Review.
Mises Wire
Impaled On Its Own Petard — The Fed’s Folly Festers Further
Listening to even a small portion of Simple Janet's incoherent babble makes very clear that the nation's central bank is well and truly impaled on its own petard.
Foreign Regimes Dumping US Debt — Will the Fed Just Monetize the Debt Instead?
The Chinese regime is broke, so its liquidating its US debt holdings to keep its welfare-warfare state going. The problem is that the US depends on China holding that debt so the US can keep its welfare-warfare state going.
Including the Ocean Floor, the Feds Own Much More Land than You Think
The US government owns immense amounts of dry land, but the US government also owns far larger amounts of ocean floor. Government ownership of such immense amounts of natural resources causes substantial distortions to prices and markets.
We Need the Pain that Comes with More Saving
We're constantly being told by the mainstream financial media that saving money will destroy the economy. In truth, only saving — which is nothing more than refraining from spending — can repair the damage done by years of easy money and reckless spending.
A New Italian Translation of Human Action
Nicola Iannello and Lorenzo Infantino have prepared a new Italian translation of Human Action's 1996 third edition.
Mateusz Machaj on the Taylor Rule
Former Mises Fellow Mateusz Machaj has published a new paper, "Can the Taylor Rule be a Good Guidance for Policy? The Case of 2001–2008 Real Estate Bubble" in the journal Prague Economic Papers.
Switzerland: Negative Interest Rates Result in Rising Mortgage Rates
Remember back in December when we highlighted that one of the responses to central banks’ introduction of negative interest rates might actually be a raising of interest rates by banks to borrowers?
Hillary Clinton Wins the Federal Reserve Primary
Hillary Clinton has received $18,747 in campaign contributions from Federal Reserve employees — over four times more than all other candidates combined.
