The US Median Income Is Falling
Real median incomes do appear to be falling, and that might help explain why the voters are so grumpy.
Mises Wire
Asset Forfeiture and the Income Tax
Both Civil Asset Forfeiture and the Income Tax take away the hard-earned money of people presumed to be innocent.
How Brexit Could Help All of Europe
A British exit from the EU would help decentralize Europe overall, and thus help the cause of freedom and free trade.
Home Prices Outpacing Official Inflation Rate, Household Income
We've replaced saving with consumer debt (i.e., mortgages) and a hope that people can continue to make the high payments every month. It's not a terribly wise long-term economic strategy, but it's one the Fed is banking on.
The Week in Review: April 30, 2016
The only good news this week came for Uncle Sam, who set new records in tax collection for 2015.
Money Supply Growth Remains Stable at 8.4 Percent in March
March 2016 offered more of the same with no sign of money supply growth moving outside the range of 6 percent to 8 percent, as has been the case over the past two years.
Global Warming Activists Want to Make Food More Expensive
The Danish government wants to tax red meat. The next step? Tax all food.
Economics, Entrepreneurship and the NFL Draft
Whether it be the owner, the general manager, or the head coach, whomever has the final say on draft day is making a judgment in the face of uncertainty that they hope will benefit their organization.
Booms, Busts, and the Boundaries of Economics
What are the limits to Austrian Business Cycle Theory? Does it need help to explain business cycles?
Fed Holds Rates Steady
We wouldn't expect much market reaction to today's announcement, as it was already expected and should have been priced in.
