Draghi Wants More Inflation
The ECB's policy statement was meant to communicate that everything was going strong, but not strong enough to slow down the monetary expansion.
Mises Wire
Withdrawing From Paris Agreement Helps the Most Vulnerable
Higher energy costs mean less money for raising wages for workers, hiring new employees, purchasing more inventory, or investing in capital.
When Will the European Super-Bubble Pop?
Italy is a weak link in the eurozone economy that points toward both economic and political disintegration in the future.
The Medical Marijuana Racket
Some freedom is better than no freedom, but the lengths to which governments will go to regulate legal marijuana is amazing.
The Fed’s Dangerous View of History
Economics has shown the alleged blessings of an abundance of money are the outcome of crass errors in reasoning.
Civil Asset Forfeiture: Another Stealth Tax
Local governments could go to the taxpayers and ask for more revenue to fight crime. But, it's much easier to seize it from innocent suspects instead.
Natural-Law Libertarianism and the Pursuit of Justice
Before endorsing a legal system, libertarians must first figure out what justice is. The natural-law framework is one way of figuring this out.
Will the Crazy Global Debt Bubble Ever End?
If the debt burden is large enough, at some point, even a 0.1% interest rate becomes unaffordable.
Are Highly Paid People Just Lucky?
If a person makes a lot of money through "luck" perhaps the most philosophically rigorous answer is simply this: "so what?"
Ludwig von Mises Understood “Meme Magic”
Recent history shows that both force and money are impotent against memes.
