FOMC: Things Are So Good, Let’s Shoot for 0% Interest!
Says the FOMC: The economy is strong; So a 0% to .25% target rate for the federal funds rate sounds about right; 2% CPI inflation or bust!
Mises Wire
Three Weeks from Today: Austrian Economics Research Conference
Join us at the Institute on March 12 for the Austrian Economics Research Conference.
When the Feds Steal Your Land For Your Own Good
When the FDR administration created Shenandoah National Park, federal agents confiscated the homes and lands of thousands of Virginians.
The Mises Institute on Drudge Today
The Drudge Report, one of the top news sites in the world for traffic, has picked up on the secession trend. Drudge today links to today's Buzzfeed article examining Ron Paul's speech at the recent Mises Circle in Houston.
Mises Daily Thursday: Employment Does Not Drive Economic Growth
Mises Daily Thursday by Frank Shostak:
The Fed — and many economists everywhere — believe that giving more people jobs will drive more economic growth. But more employment is useless for economic growth if employed persons are not contributing to real wealth and capital accumulation.
Mark Thornton on Scott Horton: WaPo Attacks Austrian Economics, Yet Again
Mark Thornton talks about The Washington Post's attack on Austrian Economics, Rand Paul, and Audit the Fed.
“Ludwig von Mises as Social Rationalist” in Romanian
For those who prefer to read Joe Salerno's articles in Romanian.
Mises Daily Wednesday: Why Economic Dependence on Others Is a Good Thing
Gary Galles writes in Mises Daily Wednesday:
Political dependence and economic dependence are two very different things. Political dependence is fostered by coercion and monopoly power, but economic dependence is simply a choice we make when we especially like one thing more than the alternatives.
It’s Called “Recovery”, but Where’s the Beef?
Arguably the best single, currently available measure of the entire public's payoff from economic activity is real disposable income per capita.
Greenspan: The Euro Is Doomed
"Short of a political union, I find it very difficult to foresee the euro holding together in its current form," Greenspan told the BBC's Mark Mardell on Sunday.
