Money Supply Growth Fell to a 104-Month Low in May
Money supply growth has fallen to some of the lowest levels seen since 2008.
Mises Wire
Trump Turns Back the Clock With Cold War Cuba U-Turn
President Trump said Friday that his new policy would be nothing short of “regime change” for Cuba.
Help Wanted: Lenders with No Experience (or Short Memories) to Make Risky Mortgages
Home values are up, flipping is back in vogue, and more than a little subprime sauce is needed to keep the party cooking.
Oil Is Cheap — Why OPEC Can’t Do Anything About It
Only the future will tell if OPEC’s measures have any effect on oil prices or if our interpretation that they aren’t able to move prices is true.
A New Mythology
A new book has appeared with oceans of misinformation about libertarianism.
Privatize the New York City Subway System
“Evidence of government failure” calls for a return to privatization to “reduce costs, improve service quality, and accelerate technological change.”
After Brexit: Germany and the EU Will Look to Asia
The importance of Asia as a trade partner will drive future EU and German policy.
Fed Raises Rates — Will Other Central Banks Follow?
The Federal Reserve says it can now turn to tighter monetary policy if the economy continues to expand "as anticipated." But that's a pretty big if.
Central Banks Are Driving Many to Cryptocurrencies
The experimental and destructive monetary policies of central banks are driving many to flee to cryptocurrencies in hopes of finding some stability.
Kaplan and Kashkari: Slowing Inflation Makes More Rate Hikes a Challenge
Dallas Fed's Robert Kaplan and Minneapolis Fed's Need Kashkari are less optimistic than Yellen about the prospects for 2% inflation.
