Deja vu: Fannie and Freddie Lower Lending Standards
Because the only thing government is worse at than pricing risk, is learning from past mistakes.
Mises Wire
Are Libertarians Too Anti-Pollution?
Contrary to the myth that libertarians favor limitless pollution by capitalists, libertarian legal regimes would often put polluters out of business.
Which is Worse: A Busted Pipeline or a Politician with a Case of the Do-Somethings?
Not enacting price controls does not pass the "Do Something" test, yet the best thing politicians can do is sit on their hands.
No, Unions Don’t Increase Everyone’s Wages
Contrary to the common myth, labor unions mean fewer jobs and more competition among workers.
Is it Junk or Is it Art?
The value of objects can change without any physical change to the object at all. I need only tell you that some junk you see is really art.
Italy’s Earthquake: Will It Revive Their Economy?
Bastiat's broken-window fallacy lives on in Italy where advocates for a new wave of government spending will bring an economic renaissance.
FOMC, Not Surprisingly, Holds on Interest Rates Again
The Federal Open Market Committee (FOMC) decided yet again today to hold off on raising the target federal funds rate.
How I Became an Agent for America’s Most Powerful Cartel
The NCAA is a powerful taxpayer-subsidized cartel that largely exists to deny the athletes the compensation they would earn in a working marketplace.
No, the Fed Doesn’t Have a Plan. Yes, the Fed Really is Monetizing Government Debt
A Wall Street crisis would become a Main Street crisis without quantitative easing, or so the story began in Nov. 2008. Have you seen a recovery?
What the Next Recession Will Look Like
The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.
