The Money-Velocity Myth
Velocity has nothing to do with the purchasing power of money.
Mises Wire
The Danger of “Public” Education
The key issue in the entire discussion is simply this: shall the parent or the State be the overseer of the child?
Will the Work Day Shrink to Four Hours?
How many hours a job requires depends on the nature of the work. In other words, work is highly heterogeneous.
Hayek’s Chicago Seminar on Justice and Equality
In 1950-51 Hayek presented a seminar at the University of Chicago entitled "Justice and Equality." The seminar was opened to faculty and students.
Republican Healthcare Plan Fails the “Jimmy Kimmel Test”
Government health care creates shortages while driving up prices and preventing access to critical services.
The American Bar Association Stifles Legal Education
Ending the ABA's expensive accreditation authority would be a first step to making quality representation available to poor and rich alike.
Draghi Doesn’t See “Bubbles” — Let Me Show You Some
Mario Draghi has many warnings for us about the next crisis, but he fails to note that the artificial creation of money is always behind those crises.
The ECB Blames Inflation on Everything but Itself
The ECB prefers to do what all central banks did just before the 2009 great recession: blame inflation on rising food and energy prices.
What Derek Carr’s Contract Teaches Us about Wall Street and Income Inequality
Until we abolish the Fed, Wall Street will continue to dominate the economy even more than Bill Belicheck has the dominated NFL.
