Mises Wire

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Mises Daily Wednesday by Brendan Brown 

Milton Friedman once compared monetary stimulus to daylight saving time. But while daylight saving has an ending date, current monetary stimulus has no end in sight, and we’re just moving the clock ahead repeatedly without ever moving it back.

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The Austrian Economics Research Conference begins Thursday morning. Listen LIVE. 

The GOP’s problem of establishing itself as the party of limited government has much more to do with action not rhetoric, framing, or sound bites. Actual actions speak much louder than words. The Republican power elite still remains, by action, a party committed to what is now called crony capitalism but should be more appropriately recognized as modern mercantilism, the unvanquished foe of liberty.

Mises Daily Monday by Logan Albright: 

The neo-mercantilist Export-Import Bank is being pushed with bipartisan support yet again. We’re being told that the Ex-Im Bank is good for private enterprise. It’s no doubt good for some private companies, but there’s a difference between private enterprise and free enterprise.

Free-market economists often point out how the government's economic policies cause poverty and hurt the poor. The response is often to shoot the messenger. 

At 35 percent, our corporate tax rate is the highest among developed countries. The Land of the Free has a higher corporate tax rate than socialist-run France.

An out of print (1991) publication of the Federal Reserve Bank of Chicago provides an excellent summary of Fed money mechanics.

I am interviewed on Power Trading Radio about the Skyscraper Curse and Cyber Security Issues—Biggest Bank Heist in History!