Changes in the Money Supply Don’t Cause Business Cycles
Business cycles do not result from mere fluctuations in the money supply. What is needed is that the changes occur with money made "out of thin air."
Mises Wire
Are We Fighting Terrorism, Or Creating More Terrorism?
The G7's new "crackdown" on terrorism really means more surveillance of innocent civilians, less free speech, and many more bombs dropped overseas.
Robert Shiller Is Shilling for the State
For economist Robert Shiller, housing bubbles result from too little government regulation.
John Williams: Longer Term Economic Challenges
John Williams thinks multiple rate hikes are fine this year, but has some concerns about the slowing growth of the economy long term.
We Don’t Need to Create Jobs — We Need to Create Value
Wages spring directly from, and are proportional to, the degree in which a job creates wealth by helping to satisfy an unmet need.
Memorial Day and the Meaning of Freedom
What does freedom really mean? Freedom is the absence of state coercion. Nothing more, but certainly nothing less.
Self-Determination, not Universalism, is the Goal
The future is decentralized; why are so many libertarians arguing for the opposite?
There Ain’t no Economics in Economic Impact Studies
Interest groups often commission "impact studies" that just happen to prove the economy will benefit from whatever the interest group wants to do.
The Eye-Care Industry Wants Big Government to Crush the Competition
In a typical case of an industry using government to fight the competition, the American Optometric Assoc. wants a monopoly in the eyecare industry.
What Keeps James Bullard Up at Night
We all have our worries in life. For Bullard, it's that your cost of living is not as high as it should be.
