Mises Wire

San Francisco politicians have made it so difficult to build new housing that a black market for apartments has emerged. 

In 1806 Napoleon issued the Berlin Decree, laying out his Continental System he hoped would starve Great Britain into submission through blockades and anti-trade policies. In the end, smuggling and outright avoidance of the law brought down his system and his empire.

In this week’s Friday Philosophy, Dr. David Gordon reviews The Woke Revolution: Up From Slavery and Back Again by H.V. Traywick, Jr., and finds Traywick’s observations have much credibility.

The federal government taking an ownership stake in Intel is neither a promising new approach to governance nor an unprecedented leap into economic fascism.

While monetary inflation has various economic effects—predictable and surprising, direct and indirect—this article seeks to explore the effects of monetary inflation on food. Specifically, debased currency leads to debased food.

The popular game, Rock-Paper-Scissors, operates according to a firm set of rules. However, when government sets the rules or refuses to properly enforce rules, then so-called limited government simply turns into a government power play.

American Indian reservations have some of the worst poverty rates in the nation, which increases calls for even more federal government intervention. However, it is the intervention itself that is creating the poverty in the first place.

Few presidents—if any—in our lifetimes have done as much damage as George W. Bush did in his eight years in office. Unfortunately, a number of pundits are trying to rehabilitate his disaster of a presidency to contrast him to President Trump.

Fed Chairman Jerome Powell’s claims to want to protect the “independence” of the Federal Reserve ring hollow. Following sound monetary policies is more important than the theoretical “independence” of the central bank.

In case you haven‘t noticed, housing prices are not rising like they did a short time ago, thanks to higher interest rates. Bringing down those rates, however, will increase inflation and make housing less affordable.