The crash of 1929 came after a decade of interventionist politics following world War I. "Free markets" were blamed anyway. Decades later, we pursue even more interventionism, and when it fails, we blame "free markets" all over again.
There's no Platonic laboratory where "pure" science happens independent of human ideas, motivations, and institutions.
Damian McBride is the former head of communications at the British treasury and former special adviser to Gordon Brown, erstwhile Prime Minister of
Back in March, Peter Brockvar observed that even when the economy seemed to be doing
In this interview, Jim Grant nicely sums in a few minutes the basic problem of using asset price inflation in pursuit of economic enterprise. The problem is this strategy puts the cart before the horse.
Today's discomfiting 1,000 point drop in the DJIA may be the next in a series of shocks for worldwide equity markets. But given the growth in the Federal Reserve Bank's monetary base, US stocks may have a long way down left to go.
In civics and government books, “how a bill becomes law” shows multiple steps during which representatives consider bills before enactment.
Following the Crash in 1987, many myths circulated about the nature, causes, and remedies for the crash at the time. Rothbard's debunking of many of these myths is still informative today.
I know, it's nearly September, but I forgot to post July's Top Ten Mises Daily articles, so here they are.
