Mises Wire

One dreads pointing out the exceptionally obvious to the US Senate, but expanding deposit insurance takes us in the opposite direction of where we need to be.

House rejects the bill.

In the movie Matrix, when a deja vu happens, it is supposed to indicate a change in the Matrix.

Austrian Bailout Package—Part A

Since IP causes only about $40 billion or so a year damage to the economy, I hereby withdra

Note another thing that the bailouts represent: special privilege to particular market players to protect them from failure.

One might hope that the massive public opposition to the bailout would sway conservative opinion against the bailout but no such luck.

So America is not content to be the World’s supercop in military matters.

I have two offensives to report in the Battle Against the Bailout.

The market has been working for the last three years to correct for the housing bubble caused by the Federal Reserve.