Food Stamps and Mises’s Theory of Intervention
Agricultural economist Jayson Lusk has a nice discussion of the US government's SNAP ("food stamps") program that nicely illustrates Mises's theory of interventionism.
Mises Wire
Our Brave, New, Leveraged World
According to a new report just out by McKinsey, global debt has increased by $57 trillion since the Great Recession, outpacing world GDP growth during this time period.
Infrastructure and Public Works: Crowding Out and Economic Instability
While the policy may appear to work ─ the effect is temporary. One can achieve a short term lower unemployment rate but only at the cost of higher unemployment long term and increased instability.
Shostak: The ECB Fears Deflation, But You Should Not
The European Central Bank plans to ramp up its own version of quantitative easing because it fears deflation. But deflation really means an increase in real wealth and an end to many malinvestments.
How Interest Groups Invented the Crosswalk (and Much More)
When interest groups invented the crime of jaywalking.
Eric Holder: Defender of Private Property?
US AG Holder did something good on asset forfeiture. But don't break out the prize for Libertarian of the Year just yet.
VIDEO: Lew Rockwell Explains Why Secessionism Is Libertarian
Recorded at the Mises Circle in Houston, Texas, on 24 January 2015.
If the Economy’s So Strong, Why Is the Fed Keeping Rates So Low?
Mark Thornton Discusses the Fed's Non-Plan.
