Austrian Monetary Theory vs. Federal Reserve Inflation Targeting
When a central bank sets a two-percent price inflation target as a guide for monetary policy, it is targeting an arbitrary construction of economic statisticians.
Mises Wire
Ron Paul Reacts to Trump’s Afghanistan Speech
On Twitter, Ron Paul reacted to President Donald Trump's speech last night calling for increasing US presence in Afghanistan.
How Rand Paul Can Free Americans from the Fed
If the Senate won't act on Audit the Fed, Senator Paul should change his approach and introduce another piece of legislation from his father’s archives.
The Eclipse: How Markets Could Have Prevented the “Traffic Nightmare”
After the eclipse, access to major roadways should have been priced according to highway capacity and demand.
The Chinese Economy’s Fatal Flaws
China faces problems of both an easy-money-induced bubble, and a corrupt regulatory regime.
The Real Cause of America’s Opioid Epidemic
The real cause of this epidemic is various government policies and the real solution is the dismantling of those same policies, in perpetuum.
The Levellers: The First Libertarians
The English Levellers transformed vague notions of natural law into the firmly individualistic concepts of natural rights for every human being.
A Tale of Two “Deflationary” Booms — The Gilded Age vs. Today
Today's easy-money-fueled economic "boom" doesn't compare well to booms of the past.
Taxation, Slavery, and Consent
Slavery has never been defined by the brutality of the conditions under which a person labored; but by the lack of consent.
The Relationship Between Saving and Money
It is not money that funds economic activity but the saved pool of final consumer goods. Money only facilitates the flow of the real savings.
