The Green New Deal Plus Modern Monetary Theory = Socialism
MMT boils down to government using its monopoly over money to dictate and control production, obliterate free markets, suppress private enterprise, and impoverish the people.
Mises Wire
The Fed Is Seizing Even More of the Marketplace
The Fed is prepared to squeeze out what little is left of the free market forces in the debt market. The Fed wants full control so it can do "whatever it takes" to keep interest rates from rising above its very-low targets.
Why the Boom-Bust Cycle Keeps Repeating
By creating money out of thin air, central banks repeatedly create bubble industries that must inevitably be liquidated.
Las Vegas Apartments: Gambling on the Future, Using Today’s Numbers
Millennials are the focus of everyone’s attention in the housing business.
The Great Murray Rothbard
Today would have been the 93rd birthday of Murray Rothbard, a creative genius and champion of liberty.
What Happens to Europe When Germany’s Economy Slows?
Germany’s role as the locomotive and economic leader of the entire bloc has been crucial for the last decade.
On Regulation and Centralisation, the UK’s Record Is No Better Than the EU’s
Decentralisation should not stop at Brexit. Federalism is a sustainable answer to Britain’s constitutional problems.
Happy Birthday, Murray
Murray Rothbard would have been 93 years old tomorrow. What a legacy he left for us!
What the World’s Central Banks are Planning for Brexit
The monetary czars at the world’s central banks are coming to terms with the fact that a no-deal Brexit now seems to be the most likely outcome.
Ludwig von Mises on the Difference Between Entrepreneurs and Managers
When Mises noted that a manager is a "junior partner" of the entrepreneur, he did not mean to downplay the role of management in the economy.
