Mises Wire

That something "works" isn't a license for a regime to do whatever it wants. But given that lockdowns don't even work—and are morally repugnant—how can they be justified? 

Fannie Mae is helping ensure easy money flows to apartments. That means multifamily prices are heading skyward like asset prices overall.

Even if the Fed finally delivers the tapering and starts raising rates, it won’t get any further than it did back in the last anemic rate hike (2015–18) and tiny balance sheet shrinking (2017–19) cycles.

As tens of thousands of trucks began entering the capital with millions of supporters behind them, the “brave” Canadian prime minister had fled the city and shuffled off to an undisclosed location.

Bernanke’s initial moves to reverse QE were memorably beaten back by the so-called taper tantrum, so it's hard to see how the Fed will now proceed with aggressive QT.

Totalitarianism in all its forms—including, of course, National Socialism—ought to be condemned. But why do the Soviet totalitarians get so much sympathy?

Under PM Mario Draghi, the Italian government has issued new edicts designed to make life even more difficult for anyone who doesn't comply with every aspect of the state's covid regime.

The saddest part of this whole manufactured crisis is that it should make absolutely no difference to us whether Russia controls Ukraine. How is that a threat to the United States?

Like new money, knowledge spreads unevenly through the economy in a kind of Cantillon effect. Here's what that means for different market actors

Blockchain technology might be useful in forcing banks to be more transparent in how they handle reserves.