Simple: Government should completely control supply and demand
The NYT offers a solution to the drug pr
Mises Wire
Does Neuroscience Support Austrian Theory?
While the rational-expectations school attempts to explain away market bubbles and the ensuing crashes, t
Standing Keynesian GDP on Its Head: Saving Not Consumption as the Main Source of Spending
According to the prevailing Keynesian dogma, consumption is the main form of spending in the economic sys
A New Golden Age?
The new issue (on sale today) of Worth magazine features an article on “A New Golden Age” by Nathan Lewis which is a nice reca
Die Early, Save Taxpayers Money
The usual argument about smoking and anti-obesity laws is that people who are sick cost the public money.
While Politicians yammer, enterprise does work
While the politicians run around the country telling us of their plans to make our lives better--what wizar
We Need Another FDR
So says Mike Whitney, a “well respected freelance writer living in Washington st
Why We Should Worry about Deflation
There are some sound theoretical reasons to favor deflation. Since increasing productivity brings prices down deflation is a sign of progress.
Economics Teaches Us Not To Fret
In a world of scarcity, every choice requires that something else of value must be given up,
