RIP, €500 Note
The ruling class of the euro zone has slightly backed off its plan to end use of the $500 note immediately.
Mises Wire
The Euro Zone Embraces “Helicopter Money”
Europe may turn to "helicopter money" as an easy solution. The problem of deciding who gets the money isn't quite so simple.
James Grant Points Out US is Broke, Left Goes Nuts
Unfortunately for us, James Grant is right.
Minimum Wage: A Common Rhetorical Trick
Target may have increased starting wage levels within their company, but only a government can create and enforce a "minimum wage."
The Sober Political Reality for Libertarians
Most Americans today are now reflexively progressive, meaning they want government to do something, rather than reflexively libertarian.
Is Laissez-Faire Too Radical for Brazilians?
Even if the Brazilian president is impeached, Brazil may still opt for the "safe" interventionism that has crippled the country for so long.
What Did Fed Chairman Yellen Tell Obama?
Why is the Fed holding so many secret meetings lately?
Postal Savings Banks: Not Just a Bernie-Sanders Idea
Bernie Sanders wants to make the postal service into a bank. It has been tried before.
The Problem of “Hoarding”
Economists err if they believe something is wrong when money is not in constant, active "circulation."
Helicopter Money to the Rescue
Following the unconventional monetary policy of negative interest rates, central banks are now considering an even more desperate measure: "helicopter money."
