Week in Review: July 15, 2017
Janet Yellen headed to Congress this week to insist that everything is fine — and the Fed doesn't need any oversight.
Mises Wire
The Conquest of the United States by Cuba
With the government-owned propaganda-spewing Radio Marti station in Miami, the US adopts socialism to fight socialism.
Europe’s Unsustainable Welfare State
The EU average tax burden on workers is 44.9%. The average worker in the EU spends half a year working for the tax man. This is not sustainable.
The High Cost of “Free” College
The State of Tennessee has created a new program to provide free college statewide. Remember, there is not such thing as a free lunch.
The Ancient Incas and the Collectivist State
“The Inca state seems to have been one of the fullest incarnations of socialist ideals in human history.”
Bank of Canada Raises Rates for First Time in 7 Years
It may be minor, but this week's rate hike should be just high enough so the Bank of Canada can cut them again when things start to get tough.
Today Janet Yellen Explained (Yet Again) Why Interest Rates Should Stay Low
Today, Janet Yellen struck a dovish tone with Congress, saying that the Fed's target interest rate is not really that low after all.
Five Takeaways from the House’s Yellen Hearing
What you need to know from Janet Yellen's testimony before the House Financial Services Committee.
The Tragedy of the Commons in the American Prison System
The war on drugs actually pushes violent criminals back onto the streets in order to devote resources to non-violent criminals.
Janet Yellen: False Prophet of Prosperity
The next crisis will likely result from a rejection of the dollar as the world’s reserve currency.
