Money laundering is illegal in the USA, but like so many other federal crimes, it is difficult to identify and define. That is the perfect recipe for government abuse of innocent people.
Money supply growth slowed even more in October, and is now back to levels we last saw during the repo liquidity crunch of 2019, and in the days right before the 2007–09 recession.
Massachusetts voters approved yet another tax hike for high-income residents, while California voters rejected a similar proposition. The current tax fever does not bode well for economic growth.
Long before there was the infamous German inflation of 1923, the Reichsbank created the scenario of monetary debasement.
Politicians calling for student loan forgiveness or free college tuition have failed to understand the larger consequences of unlimited student lending. Henry Hazlitt would have understood.
Biden wants to roll out yet another "assault" weapons ban. Supporters claim it will reduce crime, but it will do no such thing.
Governments are demanding there be "proportional" representation of women in professions that women historically have avoided. Those efforts will be unsuccessful.
Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage.
Is there a case to be made for universal basic income? David Gordon examines the pro-UBI arguments by philosopher Matt Zwolinski.
The easiest way to donate to the Mises Institute.
