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.
Mises Wire
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?
Introduction to the Austrian School of Economics
Here's what I had to say about the relevance of my recent book on the Austrian school of economics to a Korean audience.
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.
Rate Hike Guessing Games
The expectations of mainstream economists rarely come to fruition. Their track record is lousy.
