Env-Econ Book Review: The Fishermen and the Dragon
I just finished reading Kirk Wallace Johnson's The Fishermen and the Dragon: Fear, Greed, and a Fight for Justice on the Gulf Coast. Here's my book review (from the view of an Environmental Economist of course). The Fishermen and the
Bipartisan Comprehensive Excuses for Extortion and Evasion
After the recent midterm election, when it became apparent that Americans would have a divided new Congress, it wasn’t long before the word bipartisan started showing up as an adjective to modify a whole host of legislative proposals and discussions.
How Markets Are Better than Government Regulators at Fighting Corporate Corruption
Can private markets only be regulated by government? Hindenburg Research's successes against corporate corruption suggest otherwise. Original Article: "How Markets Are Better than Government Regulators at Fighting Corporate Corruption" This Audio Mises Wire is generously sponsored by Christopher Condon.
You just have to take some time to get to know Congestion Pricing
New York City will implement its first congestion charge program by the end of 2023
Poor People in Developing Countries Find Alternatives to Commercial Banking
Banking is a complicated process for working-class people who fail to comply with anti–money laundering regulations. Know your customer (KYC) requirements mandate prospective clients to provide their source of funding and possible employment history. Such policies make it difficult for working-class entrepreneurs
Subsidizing Higher Education Is Not Creating Widespread External Benefits
Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people. Original Article: "Subsidizing Higher Education Is Not Creating Widespread External Benefits" This Audio Mises Wire is
The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments
Economists and pundits mistakenly call the Federal Reserve System's security holdings a portfolio. It is anything but. Original Article: "The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments" This Audio Mises Wire is generously sponsored by Christopher Condon.
Why Madison and Hamilton Were Wrong about Republics
The debate between the Federalists and the Anti-Federalists in the late eighteenth century was fundamentally a debate over whether or not Americans wanted or needed a large national state. Thus, in their effort to push ratification of the new constitution, the Federalists
How Fast Should the Money Supply Grow?
As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The distinction is important. Original Article: "How Fast Should the Money Supply Grow?" This Audio Mises Wire is generously sponsored
The Fed’s 2% Inflation Target
Mark Thornton explains the target as another smokescreen that was originally intended to stabilize monetary policy, currencies, and exchange rates, but has become a justification for inflation and central bank manipulation. Be sure to follow Minor Issues at Mises.org/MinorIssues.