The Fed Does Nothing
At February's meeting, the Fed elected to keep kicking the can down the road.
Mises Wire
Wealth Isn’t Just Measured in Money — It’s Measured in Choices
Don't compare incomes today to incomes of long-ago time periods. The wealth and choices available to income-earners has changed drastically over time.
Make Every State a Sanctuary State
California says it may refuse to enforce federal immigration laws. But why stop with immigration laws? Many other federal laws should be ignored, too.
Trump is Wrong on H1-B Visas
Restricting H1-B visas is a win for protectionism at the expense of everyone else.
Will this Finally Be the Year the Fed Cuts its Balance Sheet?
Now that the Fed has slightly upped its Fed Funds rate target twice, there is talk of a much more ominous issue: shrinking the balance sheet.
Will this Finally Be the Year the Fed Cuts its Balance Sheet?
Now that the Fed has slightly upped its Fed Funds rate target twice, there is talk of a much more ominous issue: shrinking the balance sheet.
Central Banking in the Week Ahead
While the odds of a rate hike at this meeting are low, the first meeting under the new administration may give hints to major 2017 themes.
A Heartless “Solution” to the Heroin Epidemic
By over-prescribing opiate painkillers, doctors drive many to heroin. Some conservatives want to "solve" the problem by imprisoning more addicts.
The Right to Own and Bear Switchblades
US law and 14 states still outlaw switchblades. The bans, however, were inspired by little more than Hollywood movies about juvenile delinquents.
A Better Solution Than Trump’s Border Wall
The solution to addressing the problem of illegal immigration is clear: remove the welfare magnet that attracts so many to cross the border illegally.
