British Left Unveils Plan to “Weaponize” the Bank of England
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
Mises Wire
The Deep State’s Absorption of Donald Trump
The deep state’s absorption of Donald Trump is just one more confirmation of what our ancestors and Eisenhower, Kennedy, and Truman were warning us against.
The Incentives of the Minimum Wage
We should stop asking if workers deserve a “living wage” and start asking if the minimum wage actually helps workers obtain one.
Another Great New York Deli Closes: A Story of New York’s Misrule
Powerful Manhattanites hand down the laws the rest us of New Yorkers must follow. Many lives and businesses are ruined as a result.
Expect More Instability, Corruption, and Crime from Mexico’s AMLO
What does this sea-change in the political landscape mean for Mexico?
40 Years of Pummeling the Postal Service
At this point, the Postal Service is rapidly becoming little more than an income maintenance program for the 630,000 employees.
An Open Letter About Anti-Russian Paranoia
Talking about Russian imperialism is the modern version of talking about what fine clothes the Emperor is wearing in that fairy tale.
A Tax on Imports Might as Well Be a Tax on Exports
The Constitutional ban on export duties has always been a hollow victory. Export tariffs are analytically equivalent to import tariffs.
Scott Sumner Wants to “Modernize the Fed” — This is What He Gets Wrong
The goal should not be to make quick daily decisions that look like market data — it should be to make correct decisions that are market data.
Trump’s Senseless Trade War with China
Trump’s trade war is not about about being patriotic or protecting American businesses. It is about politics and bad economics.
