Why the Fed’s 2 Percent Inflation Standard Is So Bad
The world of the 2 percent target is something truly new and worse than what came before. It’s not the same old monetary policy with slightly higher inflation targets.
Mises Wire
Three Ways Government Spending Is Ripping Us Off
Whether through taxes, debt, or inflation, government spending is about ripping off the productive taxpayers. Argentina's inflation and runaway deficits provide a cautionary tale.
The Military’s Social Policy Suggests a Lack of Real-World Threats
No other regime poses any existential threat to the US regime, and because of this the US military has the luxury of engaging in wasteful policies that undermine actual military effectiveness.
Protectionism Is Immoral, Unjust, and Corrupt
If a businessman pulls a gun on a customer and demands 20 percent more for a product, that is robbery. If a politician intervenes to the same effect, it is fair trade.
Why Business Owners Can’t Just “Pass on” Tax Costs to Consumers
If business owners could increase their prices without a loss in sales, they would have already done so. Yet many conservatives mistakenly claim tax increases are just "passed on" to consumers.
Thanks to Central Banks, the Old Investment Rules Don’t Apply Anymore
Thanks to central banks' easy money policies, historically low interest rates and a desperate search for yield have created new danger zones for investors trying to stay out of trouble.
Monetary Policy and the Present Trend toward Central Planning
There is need to realize that the economic policies of self-styled progressives cannot do without inflation. They cannot and never will accept a policy of sound money.
Digitalization Could Move Medical Care beyond “Government Healthcare”
Government healthcare is centrally planned healthcare. Innovations in the decentralized "digitalization" of medicine could finally move medicine back in the direction of markets.
1789: The First Thing the New American Government Did Was Raise Taxes
It turned out that taxation with representation could be just as oppressive as taxation without representation. Or worse.
Why Interventionist Economists Love to Talk about Externalities
Step 1: claim that only government can solve the problem of "externalities." Step 2: claim that externalities are everywhere. Step 3: send in bureaucrats to solve every "problem" caused by externalities.
