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.
Mises Wire
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.”
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.
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.
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.
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.
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.
Why Governors Should Veto National Guard Deployments More Often
California's governor refuses to send National Guard troops to the border on Trump's terms. State governments should refuse to send troops far more often than this.
Donald Trump and the Art of the Arms Deal
America's subsidized arms industry also benefits greatly from presidential efforts to push international arms deals with foreign regimes.
