Mises Wire

In Monday, the Washington Post looked into some of the groups behind the "Less Marx-More Mises" signs found among the anti-Dilma Rousseff protestors in Rio. They found Kim Kataguiri.

Joseph Salerno's paper "A Modest Proposal for Reining in the Bernanke Fed" is now in the Top 10 in downloads on the Social Science Research Network (SSRN) in the category of "Response to Financial Crisis." (no kidding!) SSRN is the primary depository of working paper in economics and the social sciences. You can download Joe's paper here for free.

Profit is bad, the left tells us, but if you're really cool, you're allowed to make huge profits and no one will mind. 

There’s more to the global adventures of the greenback than meets The Economist’s eye.

March’s economic report from the National Association of Credit Management dropped to the lowest it’s been this year. The combined index fell from 53.2 in February to 51.2 this month.

Why is it that only former Fed officials are willing to say the truth about the economy and monetary policy. I know they don't know the whole truth and they are blinded by power, but why do they always wait till they are "former" to tell the truth.

In his chapter on the radicalism of the American Revolution from

Fearing it might some day compete against the World Bank and IMF, the US has been staunchly against China's AIIB. 

"In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building"

So The Economist apparently does not think too "highly" of my skyscraper theory

Jeff Deist and Paul-Martin Foss discuss Ron Paul's years fighting the Federal Reserve, why Carl Menger still matters, and why the Beltway types are wrong when they want to tinker with—rather than end—the Fed.