Mises Wire
Joseph Salerno Appointed to the John V. Denson II Endowed Professorship
Great News from Auburn University:
The Unseen Consequences of Zero-Interest-Rate Policy
The old tricks of conventional monetary stimulus — low interest rates — no longer work, so we've entered the untested waters of zero-interest-rate policy.
Japan Gets Ready for More Military Spending
The Japanese government has been working to increase both military spending and the military’s role beyond Japan’s borders. This has little to do with Japan asserting independence from Washington, and is more about a cash-strapped US wanting more money from Japanese taxpayers.
Some “Mainstream” Writers Coming to Terms with the Value of Austrian Business Cycle Theory
This must have been very painful for Noah Smith.
Narco-Submarine Carrying 8 Tons Of Cocaine
How the war on drugs actually brings about less security and stability in the Western Hemisphere
Worker Participation Rate Falls to 37-Year Low in July
Here are some graphs to help analyze the continuing fall in labor force participation rates.
Ron Paul’s Foreign Policy of Peace Is Central to the Message of Freedom
Ron Paul's message of peace is a critical component in limiting the power of the state. Unfortunately, few ever question the branch of the state known as "the military" and assume that militarism and empire can be compatible with a free society.
It’s Still the Economy, Stupid
We’re regularly told by the Fed and defenders of the current incumbent president that the economy is humming along pretty well.
In Greece, Reliance on Public Funds Is the Central Problem
The data shows that many Greek workers work for long hours, and some labor data suggests the Greek economy must be fine. But a closer look shows that hard work isn't enough when many others live off the productivity of the working few.