From 0.2% to 4.3%: Atlanta Fed GDP Forecast
The Atlanta Fed's GDP growth forecast has jumped 22X since last week, as they anticipate a booming economy in Q2 that clearly did not materialize in Q1.
Mises Wire
Americans Are More Mobile Than Many Other Societies — And That’s Not Always Good
Americans are more mobile residents of other countries, and this has many economic benefits. But residential mobility also has a number of hidden costs.
Rising Oil Prices Don’t Cause Inflation
The core driver of general increases in prices of goods and services is central-bank driven money-supply growth, not the price of oil.
Social Justice and Mediocre Intellectuals
No intelligent man could fail to recognize that the left's aim was the abolition of the individual's freedom.
The Pope’s Favorite Straw Man: “Individualism”
Pope Francis's latest attack on "libertarian individualism" shows a deep ignorance of both libertarianism, and its relationship with markets.
The Horrors of Communist China
China became between 1949 and 1976 an experiment in total control unlike anything else in history.
China’s Plan to Subvert the Global Dollar Standard
Are China and Russia prepared to escalate the financial war with America? It won't be easy, but they're increasingly motivated to do so.
Central Banks’ Obsession with Price Stability Leads to Economic Instability
The Fed's monetary policies that aim at stabilizing the price level actually undermine economic fundamentals.
Colorado House Votes to Bar State Agents from Assisting Federal Police
If passed into law, the legislation would prohibit police from helping enforce federal laws that violate any right protected by the state constitution.
BEA Releases Q1 GDP: 0.7%
The BEA released advanced data for 2017's first quarter GDP, reporting a low 0.7%. This is the worst reading in 3 years. The narrative is coming undone.
