How High Is The Risk of a Currency Crisis?
The monetary policy that governments and central banks are calling for is quite apparent: “Keep it going, whatever it takes.”
Mises Wire
Marx the Globalist
Marx didn’t see that many people were fighting, not for the interests of the proletariat, but for the principles of nationality.
How Long Will Cheap Debt Bail Out Automakers?
People aren't spending as much as they used to on automobiles. But there are still plenty of buyers willing to go into debt for a well-equipped car.
Russia, China and the Geopolitics of the Silk Road
China's new "Silk Road" for international trade is an important component in the regime's larger geopolitical strategy.
The Looming Fiscal Nightmare of Extravagant Unfunded Pensions for State and Local Bureaucrats
This is not going to end well. And the problem seems to get worse every year.
The True Founders of Economics: The School of Salamanca
The real founders of economic science actually wrote hundreds of years before Adam Smith.
Kentucky Teachers Want a Taxpayer Bailout
The success of the private sector precedes the ability to have any employment in the public sector at all. But teachers want the private sector to pay until it hurts.
Poverty Forced Farmers in the “Good Old Days” To Sleep the Winter Away
Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living.
Yes, Economic Laws Still Apply to the Minimum Wage
Noah Smith has written yet another "popular" column challenging established economics assumptions. But he's really only appealing to his reader's established biases.
America Picks a Fight With its Largest Foreign Creditor
Pursuing a trade war with your largest creditor, whose also on the edge of insolvency, is a recipe for financial meltdown.
