Rothbard on Economic Depressions: Their Cause and Cure
We live in a world of euphemism.
Mises Wire
Pharmaceutical Prices, Patents, and the FDA
Economist Jeffrey Sachs is complaining that some new drugs cost "too much." But after we sift through all the intellectual property rules, the FDA regs, and the government subsidies, it's impossible to guess what a "correct" price for the drugs might be.
Ron Paul: The Fed Is Afraid to Raise Rates
In this CNBC video, Ron Paul notes that almost all economists consider price manipula
How Keynes Almost Prevented the Keynesian Revolution
In 1925, Winston Churchill, in spite of massive wartime inflation of the pound sterling, restored the gold standard at the old pre-war exchange rate. This set off a chain of events that led to the 1929 crash in America, and the rise of Keynesianism.
Logic and the Rudeness Rebuttal
One of the trickiest needles for libertarians to thread in public policy discussions is what I call the rudeness
When Nullification Works, and When it Doesn’t
Both the left wing and right wing in the United States today use nullification as a tactic against federal law, even though nullification is clearly illegal according to modern legal interpretations. Nullification isn’t a legal tactic, though. It’s a political one.
Court to Bakery Owners: You Have No Property Rights
The Colorado Appeals Court ruled that the owners of a bakery do not have any right to control their property, and that they shall be forced to provide bakery services to a couple that the owner would rather not do business with. In other words, they have no property rights.
The Eurozone Has Failed Both Politically and Economically
The European Monetary Union has failed to bring economic stability, and it has also increased nationalistic tensions among member nations. Some taxpayers, such as German taxpayers, view themselves as working to subsidize foreigners. Meanwhile, central banks continue to distort the economy.
