What If Every Person Paid an Equal Share of the Military Budget?
If military costs were spread out evenly, a family of four would be paying more than $9,000 per year.
Mises Wire
Rule by Experts?
"Constructivist rationalism," the belief that scientific and technical elites can organize, from the top down, all human activities and organizations.
Stanley Fischer’s Well-Timed Fed Exit
We're now living in the “Fischerian age of monetary policy,” which may prove, in its final stages, to be volatile indeed.
Will Low Unemployment Cause Accelerating Inflation?
In an unhampered market, there is no reason why low levels of unemployment should lead to an inflationary spiral.
Mark Thornton: Trump’s Deal With Dems Increases His Power over GOP
Trump has successfully used the Democrats as leverage against a do-nothing GOP Congress.
Trump’s Historic Opportunity with the Federal Reserve
Trump can have the largest impact on the Fed since 1936. The question is whether he listen to his Goldman Guys, or return to his Fed-skeptic roots?
Why the War Party Loves to Call Foreign Leaders Insane
Why employ caution or think about the costs of war when we can wave everything aside with a "they're crazy!" claim, and proceed to pre-emptive war.
Slow Wage Growth Could Be Thanks to ‘Sticky Wages’
Wages can be "sticky" even in the absence of government. But the biggest problems with wage rigidity are often the result of government intervention.
The Week in Review: September 9, 2017
It is during times of crisis like this, when government feels the greatest need to control, that sound economics is most needed.
3 Good Things about “Price Gouging”
When sellers can price goods freely, we are all better able to plan and conserve for future use of essential goods.
