Irwin Schiff, RIP
Irwin Schiff, imprisoned for his resistance to the federal income tax, died yesterday.
Mises Wire
The Mises Week in Review: October 17, 2015
It was a big week for Bernie Sanders's brand of socialism, and millions of Americans already agree with him. Thanks to unquestioning acceptance of wild claims about the success of socialism in Europe, many Americans are now wishing for some European-style socialism themselves.
The Poor in the US Are Richer than the Middle Class in Much of Europe
In this week’s debate, Bernie Sanders claimed that the United States has the highest rate of childhood poverty.
No way, Norway!
Nordic countries prospered in spite of the Scandinavian model, not because of it.
Sanders and His Followers Are Not Outliers
Because conservatives are only nominally less statist than today’s progressives, socialist policies that would have sounded outrageous to many Americans 100 years ago are now the baseline for the modern American political mind. Bernie Sanders is capitalizing on this reality.
Donald’s Remarks on the Bubble and the Fed Are on the Money
Well, at least one of the candidates vying for the Republican or Democratic presidential nomination appears to have a reasonable grasp of current economic reality and the complicity of the Federal Reserve in exacerbating an impending financial disaster.
True Money Supply: August Money Supply Growth Remains Way Down from 2012 Levels
The “true money supply” measure is a measure of the money supply pioneered by Murray Rothbard and Joseph Salerno and is designed to pro
The Dirty Business of Government Trash Collection
Privatizing garbage collection isn't exactly a tough nut to crack from the perspective of entrepreneurs and economic theory. But that doesn't stop government from mandating a government monopoly on trash collection in many places.
What “Progressive” Corporate Welfare Looks Like
Progressives would have us believe that they protect ordinary people from greedy corporations. But in truth, policies like Obamacare and Cap and Trade are immense crony capitalist deals that cartelize markets and greatly favor politically connected corporations.
The Fed’s Quadral Mandate and Impossible Balancing Act
The Fed’s responsibilities keep expanding. A 1977 update to the Federal Reserve Act included the goals of “maximum employment” and “stable prices”. Many economists, even in the mainstream, criticize this dual mandate as a difficult, if not impossible, balance.
