Mises Wire

During November 2020, year-over-year (YOY) growth in the money supply was at 37.08 percent. That's unchanged from October's rate, and up considerably from November 2019's rate of 5.9 percent. 

"The race to zero [carbon emissions] would have to be coordinated through control measures—rationing, reallocating, requisitioning, sanctioning, ordering" and much more.

A dirty secret of congressional military spending is that when the government allocates billions in spending, unnecessary, wasteful, and parochial interests quickly find their way into the legislation.

In the much-hyped Pfizer study, there were more hospitalizations in the control group than in the vaccine group, but the numbers were too small to be statistically significant.

Even without obvious consumer price inflation, we can be living in the midst of immense wealth transfer engineered by central bankers in favor of Wall Street. 

Governments are good at shifting risk in sneaky ways, but they can’t legislate it out of existence.

The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.

Yes, it can happen here. Only a fool thinks otherwise.

Matt Spivey continues the pioneering work of Paul Cantor and Stephen Cox in bringing sound economics to the analysis of literature. 

The Fed is not allowing the economy to heal, but instead induces more distortions and weirdness. The explosion in orders for new trucks is perhaps just the latest example.