FOMC: We’ll Raise Rates Some Day; We’re “Hawkish” Now
The Fed's Federal Open Market Committee released a brief statement on its decision to not raise the federal funds rate. The language sounds very familiar.
Mises Wire
Underwear Prices to Remain Near Zero
The Federal Underwear Reserve Board wants to make sure that investors, employers, workers and consumers understand that it could raise its benchmark underwear price in December; it just is not ready to make any promises yet.
Politicians Pander to an Anti-Fed Public
While Wednesday’s Republican Presidential Debate was yet another pathetic display of would-be tyrants battling for the right to one day have their portrait recognized by school children – there was one line of questioning that should give fans of Ludwig von Mises reason for optimism.
The War on Cars Is a War on Workers and the Poor
Government planners are fond of dreaming up new ways to force people out of their cars. But automobiles have long been a boon to ordinary working people who can access less expensive goods and better jobs because of them.
Spectre
James Bond is not a name that's typically mentioned in discussions of humble foreign policy or the importance of enforceable property rights.
There’s More to Money than Hyperinflation
It’s common to paint Austrians as doom-and-gloom prophets of economic collapse, with little to offer besides paranoid predictions of hyperinflations and monetary collapses lurking around every corner.
Pew: Homicide Rates Cut in Half Over Past 20 Years (While New Gun Ownership Soared)
The Pew Research Center reported last week that the murder rate was cut nearly in half from 7 per 100,000 in 1993 to 3.6 per 100,000 in 2013.
Robert Shiller Imagines What Consumers Should Want, While Ignoring What They Do Want
Neoclassical economists make too many assumptions and decree that the desires of consumers must conform to some external definition of what's "rational." But consumers like to decide for themselves what they want, and when they want it.
Mises Weekends: Dr. Michel Accad
On the latest episode of Mises Weekends, Jeff Deist and Dr. Michel Accad discuss practicing medicine in the Age of Obamacare.
