Splitting California into 3 Pieces Is Long Overdue
Californians will be able to vote in splitting the state up this November. Which is great because California needs a huge dose of decentralization.
Mises Wire
Our Obsession with Consumption — while Ignoring Saving and Investment — Is a Big Problem
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
Big Tech’s Numbers Game Hides Many Sins
The art of financial engineering – camouflaging a rise in leverage to boost present and future earnings – is in high demand.
The Dangers of Trump’s G7 Trade Gamble
Trump has exposed the hypocrisy of the "free trade" advocates in China and Europe. But by raising tariffs, Trump and other world leaders are inviting disaster.
Government Nutrition Policy: A Big, Fat Failure
Obesity has skyrocketed since the government became involved in the food pyramid.
3 Times As Many Europeans Move to the US, than the Other Way Around
The US is often criticized for supposedly offering a lower quality of life than Europe. But far more Europeans migrate to the US than the other way around.
Inflation for Beginners
Let us see what happens under inflation, and why it happens.
The Role of Calvinism in the Dutch Golden Age
The Dutch Republic transformed the fervor of predestination into faith in personal destiny — and the singularly capitalistic means of getting there.
The First World War Deeply Affected a Generation of Austrian Economists
WWI symbolized the triumph of militarism and nationalism over the all-too-brief flourishing of liberalism — and also sowed the seeds of fascism, socialism, and the Second World War.
How the Fed Enables Money Creation
It's true that the Fed doesn't directly set a target for money creation. But by setting interest-rate targets, the Fed adopts a de facto policy of money creation.
