Mises Wire
Central Banks Don’t Dictate Interest Rates
There’s much debate over how the Fed determines interest rates. Many pundits seem to assume that central banks dictate interest rates to the market. In fact, central banks mostly affect interest rates indirectly through their power to change the money supply.
College Athletes Embrace the Division of Labor
Eager to focus on what they're best at, college athletes often gravitate toward the easiest majors and classes. But that doesn't sit well with some college administrators who haven't made peace with the realities behind the division of labor.
Doarnberger: College Athletes Embrace the Division of Labor
Mises Daily Wednesday | Matthew Doarnberger writ
Central Banks: A Huge Blind Spot in Political Science
I taught college-level political science for eight years, and it always amazed me how textbooks and instructional materials in the discipline almost completely ignored the existence of the Federal Reserve or central banks of any kind.
Congress Considers Formally Admitting Defeat in Cannabis Legalization Dispute
A Colorado Congresswoman has introduced legislation to exempt Colorado (and presumably other states with legalized recreational cannabis) from fede