Anti-Car Policies Mean Even More People Are Dying on LA’s Highways
Los Angeles city bureaucrats want fewer cars on the streets. Unfortunately, their plans have side effects which endanger human life and safety.
Mises Wire
The Stock Market According to L.A. Hahn
Financial markets are neither perfectly efficient, nor animally spirited, but eventually adjusting.
Inflation: The Rumors of its Death are Greatly Exaggerated
The real money-creating machines are commercial banks. Loan dollars become deposit dollars. Lots of lending means the money aggregates increase. Little lending means the opposite.
Hooray! The Green New Deal Will Make Us Happier—By Shrinking the Economy
You don’t make people better off by artificially making energy more expensive. You only make them poorer.
Occupational Licensing — An Unnecessary Evil
The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950.
Economic Models vs. The Real World
Economic theory must have only one purpose — to explain economic activity. However, statistical methods are of no help in this regard.
Sorry! I Can’t Relax About Socialism
Socialism, democratic or otherwise, rides on the back of force and violence. When they drop the veil, its a government agent pointing a gun.
Forget “States’ Rights” — States Are Too Big, Too
The effort to nullify gun laws at the county level illustrate how the relationship between citizens and government can be quite different at a more local level.
Stiglitz: Enemy of the Free Market
Joseph Stiglitz has written a new book that calls for massive state control over the economy.
Why Social Democracy is Failing Europe
Social Democracy fails for the same reasons communism did. It just fails more slowly.
