Money Supply Growth Falls Again, Dropping to 105-Month Low
The last time the money supply grew at a smaller rate was during September 2008
Mises Wire
Jeff Sessions’s Pot War Is Up in Smoke in Nevada
Recreational marijuana became legal this month in Nevada. AG Jeff Sessions isn't happy about it at all.
Here’s the True Definition of a Recession — It’s Not About GDP
Recessions are the liquidation of a boom that sprang up thanks to a previous period of loose monetary policy.
Big Military Spending Boost Threatens Our Economy and Security
The House overwhelmingly approved a massive increase in military spending, passing a $696 billion National Defense Authorization bill for 2018.
Immunity for Prosecutors Encourages Fraud
Prosecutorial immunity provides an incentive to government prosecutors to engage in fraud if it's good for their careers.
To Fix Healthcare, We Need to Repeal a Lot More than Obamacare
The focus on Obamacare as the source of all our health-care woes has distracted us from the real foundations of the healthcare mess.
Don’t MacLean on Me
Here are a few additional mistakes in Nancy MacLean's Democracy in Chains
How to Look at Tariffs
Political boundaries of nations may be important for other reasons, but they have no economic meaning whatever. The upshot is that protectionism is not only nonsense, but dangerous nonsense.
Why Wage Growth Is So Weak
As central banks enable the creation of money out of thin air, wealth creation has suffered, as has worker productivity.
Space Cadets and Sex Changes: Our “Defense” Budget Is a Bad Joke
Spending on the military is set to reach a new all-time high. This has a lot to do with politics, and almost nothing to do with defense.
