Problems with Mainstream Theories of Supply and Demand
Despite its great appeal because of its simplicity, the supply-demand graphic as employed by mainstream economics is a tool that is detached from the facts of reality.
Mises Wire
Rather than Paying Down Debt in Good Times, Spain Is Now Spending Even More
Now is the time for the Spanish government to reduce its massive debt. When the next recession hits, it will be too late.
Napolitano: The Feds Violate their Own Laws (and the Constitution) with Border Separations
Feds are reaching far beyond their limited Constitutional naturalization powers, and also violating state and federal laws.
Money-Supply Growth Slides Again, Falling to 3-Month Low
In May, year-over-year growth in the money supply fell to a 3-month low, growing 4.2 percent. That was down from April 2018's rate of 4.2 percent, but remains up from November 2017's low of 2.6 percent:
The UN’s Absurd Measure of US Poverty
The UN relies on a "relative poverty" rate that tells us very little about actual poverty — and also just happens to make the US look bad.
The Drug War Is Pushing More Migrants to Our Borders
The US can help itself by ending the Drug War — which will bring some normalcy back to Central America.
Why We Need Laura Ingalls Wilder and the Little House Books
The books of Laura Ingalls Wilder show a more civilized and libertarian side of the American frontier.
Marx’s View of the Division of Labor
The division of labor is what made the West rich and has kept it rich. It's telling that Marx planned to abolish the division of labor altogether.
Cuba Denuclearized in 1962 — Why Continue the Embargo?
President Trump is saying that the U.S. government will lift economic sanctions against North Korea if it “denuclearizes.” Cuba denuclearized in 1962.
Trade Tariffs Won’t Crash the World Economy, Monetary Policy Will
Many people fail to correctly distinguish between the causes and effects of price inflation and those of monetary inflation.
