Money Pumping Works — Until It Doesn’t
Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.
Mises Wire
China’s Plan to End Dependency on American Trade
Chinese plans for east Africa, the Indian Ocean, and a huge Eurasian trade zone make American tariffs a lessening problem for the Chinese state.
The Civil War: Both Sides Were Wrong
Even if a section of the US were to today secede for some noble reason (i.e., not slavery), the outcome would still likely be invasion and war.
When Pollution Is a Violation of Property Rights
Rothbard's prescriptions for legal remedies against polluters are far better than the regulatory regime now favored by governments.
The Macron Paradox: Internal Liberalization, External Statism
The bottom line is that Macron should drop his statist European-wide proposals and put all of his focus on fixing France.
The Looming Mortgage Liquidity Crisis
Everything is dandy if borrowers make their payments on their increasingly unaffordable homes. But will unemployment remain low forever?
Augsburg: A Capitalist Hub at the Birth of the Modern
Germany's Augsburg played a key role in the rise of the modern marketplace in Europe.
Europe Is Slowing Down — And It’s Already Painted Into a Corner
With ultra-low interest rates already in place, Europe has nowhere to go when the slowdown intensifies.
No, The Death Penalty Does Not Stop Drug Trafficking
Despite harsh penalties for drug dealers, China's numbers on drug use are not significantly different from those in the US.
Yet Another Way Labor Unions Abuse the Taxpayers
"Project Labor Agreements" makes government infrastructure spending even more expensive and inefficient.
