Mises Wire

Tho Bishop
Kaepernick's protests alienated the NFL's consumers. Football may be king — but the customer is always right.
Ryan McMaken
Venezuela represents one of the left's greatest victories against so-called neoliberalism. Oddly, they don't seem to be bragging about it.
José Niño

By the 1970s, the Venezuelan economy was in deep trouble. The half-hearted reforms that followed, paved the way for the rise of Hugo Chávez.

Tho Bishop
Nullifying the Coast Guard’s designation of paddleboards as vessels would be a victory for summer, and a defeat for Washington.
C.Jay Engel

Fed commentators have been talking up the "balance sheet normalization" theme. Turns out, shockingly, it's not actually going to be normalized.

Ryan McMaken

Spurred by 9 years of easy money, US household debt is back to peak levels not seen since 2008.

David Gordon
Cato's Brink Lindsey says we can't evaluate complete laissez-faire because it does not exist; but he somehow "knows" government intervention is better.
Ryan McMaken
Violent crime is already illegal in all 50 states under state laws. The last thing we need is a new wave of federal prosecutions of non-violent people.
Carmen Elena Dorobăț

Marx's original thinking amounted to nothing more than equivocal statements, half-baked arguments, and crude claims unsupported by any empirical facts.

Ryan McMaken

A look at the world's largest central banks suggests there's no appetite for anything that resembles quantitative tightening.