Where’s the Austerity?
Krugman and Stiglitz think that massive spending increases constitute "austerity."
Mises Wire
Arenas, Stadiums, and Glitzy Shopping Centers: Baltimore and Keynesian Trickle-Down Economics
The Keynesians who run Baltimore thought a bunch of high-priced, taxpayer subsidized stadiums and shopping centers would fix the local economy. It didn't.
John Cochran, R.I.P.
John P. Cochran, Senior Fellow at the Mises Institute, expert on the Fed and monetary policy, and co-author (with Fred Glahe) of The Hayek-Keynes Debate: Lessons for Current Business Cycle Research, has passed away.
Mises Daily Wednesday: “Perfect Competition” and Antitrust
Mises Daily Tuesday by Thibault Schrepel:
Antitrust law is still heavily reliant on notions of perfect competition and other static models of how markets should work. In truth, the dynamism of the marketplace does all that is necessary to prevent the rise of monopolies.
Baltimore: Bastion of Progressivism
I wish I could say that the recent events in Ba
New Polish Translation of Hoppe’s A Theory of Socialism and Capitalism
A new Polish translation of Hans-Hermann Hoppe's A Theory of Socialism & Capitalism (Teoria socjalizmu i kapitalizmu), is now available here from the Mises Institute of Poland. (translated by Paweł Nowakowski).
Yellen Sees No Bubbles
Janet Yellen See Stock Prices Are High, but She Sees no Bubbles
Mark Thornton on the Flat Tax
Mark Thornton discusses Ted Cruz's new tax proposal, flat taxes, and proportional taxes on Newsmax TV.
The Consequences of Prohibition (of Knives)
The Baltimore police now imply Freddie Gray's arrest was necessary because he was carrying an illegal knife. But why are taxpayers paying the government to arrest people for carrying knives? What about the right to bear knives?
Private Sector to Begin Ferry Service to Cuba
Why haven't people been ferrying goods to Cuba until now? Because any entrepreneur seeking to do such a thing faced heavy fines and even imprisonment under US federal law.
