Jeffrey Sachs’s Blind Spot
Jeffrey Sachs rightly sees the problems of state interventionism in foreign policy. But he then fails to see the same holds on domestic policy.
Mises Wire
Why Politicians Win (and Workers Lose) Under Socialism
The higher on the socialist hierarchy you look, the more you will find people who are too incompetent to do the job they are supposed to do
New Japanese Translations of The Case Against the Fed and The Essential Rothbard
Tatsuya Iwakura — translator of many works by Mises and Rothbard into Japanese — has completed two new translations now available on Amazon.
What Is the “Correct” Growth Rate of the Money Supply?
Central banks have no way of knowing the "right" amount of money-supply growth. But, markets can work to suppress growth in un-backed paper currency.
Fannie and Freddie Finally Wake Up
Because Fannie and Freddie weren’t allowed to fail, it has taken years for these wards of the state to smell the delinquent-mortgage coffee.
How Taxes Distort Business
Taxes not only fund wars and enrich unworthy rulers, but also create crippling distortions in every economy the world has ever known.
Stanley Fischer on the Balance Sheet: There will be no Tantrum on Wall Street
Stanley Fischer said on Monday that a negative market response to balance sheet reduction was unlikely.
Auto Loans: The Next Debt Bubble?
The auto-loan market has recently ballooned, but the delinquency data raises questions about how much longer these spending habits can last.
When Low-Wage Workers Are Better than Robots
Automation is not always a sign of greater efficiency — especially when automation is the result of government interference in the marketplace.
Luddy: The Fed’s Risky Uncharted Course
The Fed has strayed from its initial charter and is now the primary enabler of federal deficit spending and debt, which is now almost $20 trillion.
