Mises Wire

Randall G. Holcombe
How many hours a job requires depends on the nature of the work. In other words, work is highly heterogeneous.
C.Jay Engel

Here are this week's events related to the Federal Reserve.

Allen Mendenhall

Ending the ABA's expensive accreditation authority would be a first step to making quality representation available to poor and rich alike.

Daniel Lacalle

Mario Draghi has many warnings for us about the next crisis, but he fails to note that the artificial creation of money is always behind those crises.

Louis Rouanet

The ECB prefers to do what all central banks did just before the 2009 great recession: blame inflation on rising food and energy prices.

Tho Bishop
Until we abolish the Fed, Wall Street will continue to dominate the economy even more than Bill Belicheck has the dominated NFL.
Mises Institute
While the Federal Reserve is desperate to depict an optimistic vision for the global economy, their fellow central bankers aren't buying it.
Ryan McMaken
The problem of majorities oppressing minorities becomes worse the larger the government becomes. The answer is to make the state weaker.
Daniel Fernández Méndez
The central bank is unlikely to follow rules like the Taylor Rule because they are fundamentally political organizations with their own agendas.
Chris Calton
Since using the court system costs them nothing, police and prosecutors have an incentive to load up the court system with non-violent "crimes."