Mises Wire

The Fed wants independence so it can serve the interests of the banker class. There is no higher principle here. There is only power.

Bob explains how future inflow of extraterrestrial riches could boost the standard of living on Earth in the near term.

Congress ought to at least teach Powell, the Fed, and its banker friends a few much-needed lessons. 

Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other factors are at work. 

Buchanan and Tullock‘s The Calculus of Consent influentially applies economic ideas to politics, focusing on methodological individual. However, there are a few pitfalls about which readers should be aware.

Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules are now appealing to US antitrust law.

The Fed claims things are going very well, but Fed Chairman Jerome Powell got three questions at the press conference that he had trouble answering honestly.

Ryan and Tho talk about what Donald Trump must do if he wants to actually fix our mounting economic problems of stagnation, debt, and inflation. 

Even if whole regions of the country vote overwhelmingly against a president, they are still forced to submit to four years of that president’s rule-by-decree.

For the second time in eight years, Donald Trump defied the expectations of the “experts” and the ambitions of the ruling classes of Washington, DC.