Say’s Law: The Antidote to Countless Economic Fallacies
Say's Law essentially tells us that we produce in order to consume. Once we start thinking we can consume before we produce, we get into trouble.
Mises Wire
Judge Rules Health Insurance Companies Matter More Than Taxpayers
Both taxpayers and health insurers are victims of Obamacare. Why are courts penalizing the former to protect the latter?
Showdown: Yellen and Trump
There is bubbling tension between the Trump vision and the Bernanke-Yellen monetary regime.
Who Will Be Blamed if the Oroville Dam Fails?
California politicos lied about the cost of the failing Oroville dam, then failed to maintain it properly. But, government will likely escape all blame.
The Goal of Socialists Is Socialism — Not Prosperity
Some claim that if socialists understood economics they wouldn't be socialists. This is doubtful since the larger motivation is often political control.
“Real Wealth” vs. the Boom-Bust Cycle
In a boom-bust economy, there is real wealth, and there is bubble wealth. Economic busts are a "cleansing mechanism" that clears out the bubble wealth.
What Will Trump Do About the Central-Bank Cartel?
The Federal Reserve is centralizing and cartelizing central-bank policy worldwide. Will Trump move to end these moves toward one global central bank?
Federal Spending Grew More Under Bush and Reagan than Under Obama
If the experience of Bush years is any indication, we should brace ourselves now for big increases in government spending.
Donald Trump Is the Least of Latin America’s Worries
The regimes of Latin America have been quite successful at destroying their own economies — without any help from Donald Trump.
