Mises Wire

Jp Cortez
According to one Idaho legislator, gold is useless as an inflation hedge because its price has increased 4,000% since the 1860s.
C.Jay Engel

Every year the Fed remits its profits to the US Treasury every year. A drop in Fed profits means less for the US Treasury.

Laurence M. Vance
The right to discriminate in how one uses one's property is not a religious issue. It's nothing more than a basic issue of property rights.
Mises Institute
In case you missed any of them, here are the week's new articles from mises.org.
Chris Calton
As the Drug War attacked heroin production in one place, it encouraged increases in heroin production in other places, pushing down global prices.
C.Jay Engel

Mark Carney seeks to defend the trustworthiness of the banking industry. He misses the systematic problem of central banking.

Tho Bishop
The market is creating its own solutions to Obamacare. The focus should be protecting it from further government control.
Llewellyn H. Rockwell Jr.

Where Austrian economics was once a dwindling school of thought, now it flourishes in the US, Europe, Asia, and Latin and South America.

G. P. Manish Felicia Jones
After the 2008 crisis, many Keynesians found a new appreciation for uncertainty in economics. Unfortunately, they misunderstand how uncertainty works.
Ryan McMaken

Governments made a mess of immigration thanks to their naturalization and welfare policies. But the answer is not to further limit property rights.