Mises Wire

Peter Klein on How Not to Reform the Fed

The FedMoney and BanksU.S. EconomyMonetary Theory

06/16/2017Audio/Video
Peter Klein and Jeff Deist discuss the effectiveness of constraints on the Fed.

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Government as the Source of Monopoly: US Airlines Edition

Monopoly and Competition

Blog06/16/2017
"Is Government the Source of Monopoly?" asked Chicago economist Yale Brozen. Yes, he answered.

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How We Should Name Business Cycles

Booms and BustsMoney and BanksBusiness CyclesMoney and Banking

Blog06/16/2017
Economists have long played semantic games with how they name business cycles. This is how they should do it.

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Fractional-Reserve Banking and Money Creation

Money and Banking

Blog06/16/2017
Private banks are important drivers in the creation of unbacked money. But, they'd be far more constrained in this were it not for central banks.

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With Cuba Policy, Trump Strikes Another Blow Against Economic Freedom

Protectionism and Free TradeU.S. History

Blog06/16/2017
As with all US-imposed trade restrictions, efforts to restrict trade with Cuba involves destroying the property rights of Americans.

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Terry McAuliffe's Fuzzy Math on Gun Homicides

HealthLegal System

Blog06/15/2017
Governor Terry McAuliffe likes to use made-up numbers about "gun violence."

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What If Taxpayers Could Choose if Taxes Went to the State Level or Federal Level?

Decentralization and SecessionTaxes and Spending

Blog06/15/2017
Tax returns should contain a check-off box where taxpayers can decide to send their taxes to state and local levels instead of Washington, DC.

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Four Reasons Why College Degrees Are Becoming Useless

EducationTaxes and Spending

Blog06/14/2017
If education and career skills are what you want, a college or university may be a waste of your time and money.

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June FOMC Announcement: Rate Hike and Balance Sheet Plans

The Fed

06/14/2017FedWatch
The FOMC concluded their June policy meeting today and announced, among other things, their interest rate decision: another .25% rate hike.

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The US Taxpayers Have Spent Enough on the War in Afghanistan

War and Foreign Policy

Blog06/13/2017
A crony-capitalist, semi-privatized war in Afghanistan, may be cheaper — but it's still an unwarranted occupation financed by taxpayers.

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