Mises Wire

With a doveish pivot, Jerome Powell is declaring victory over inflation. It would be extraordinarily naive to ignore the influence of next year’s presidential election on the Fed’s new outlook.

Africa, while being rich in natural resources, is hobbled by government corruption, socialistic policies, and a lack of economic freedom. One only can hope for change.

Statists reveal their belief in the almighty state in many different ways, but they all want the same outcome: more government control over our lives.

One usually does not equate libertarian thinking with a US prison, but prison life does offer some surprises, especially when it comes to internal governance.

The behemoth known as the US government didn’t metastasize by accident. The process began as soon as the US Constitution was ratified.

Thanks to Federal Reserve intervention, apartments and apartment buildings have turned into giant malinvestments. Once again, a federal entity intervenes in markets presumably to make them work better, but things end in a crisis.

Progressives believe that government intervention in the economy is necessary to promote both efficiency and fairness. In truth, intervention accomplishes neither of them.

As climate activists gather this coming week in Abu Dhabi, there is trouble in climate paradise. Sultan Ahmed Al Jaber, the meeting's host, is not on the same page with the Climate Apocalyptics, which, of course, gives him the dreaded moniker of “climate denier.”

His policies took more than a million people off the income tax rolls, and 98 percent of Americans paid no income tax at the end of his term. As a result, America prospered under Coolidge. Real economic growth averaged 7 percent per year while he was in office.

Murray Rothbard and Milton Friedman didn’t only disagree on the subject of economics. They also sharply disagreed on the direction American conservatism needed to go.