If You’re Just Now Getting Mad at the Fed, You’re Much Too Late
Last week, Jerome Powell insisted that he's not going to change his mind on allowing interest rates to rise, while allowing the assets on the Fed's portfolio to (very slowly) roll off the balance sheet. At the Federal Reserve's annual
Do We Want Real Tax Cuts? How About Cutting Government Spending?
Keynesians claim that tax cuts are good because they help increase consumer spending. But here's why this doesn't matter. Original Article: "Do We Want Real Tax Cuts? How About Cutting Government Spending?" This Audio Mises Wire is generously sponsored by Christopher Condon.
Why Donald Trump Will Soon Be Indicted
It gives me no joy to write this piece. Even a cursory review of the redacted version of the affidavit submitted in support of the government’s application for a search warrant at the home of former President Donald Trump reveals that
New York City Subways: The Woes of Socialist Enterprises
History matters, especially as the New York City today faces still another subway crisis. The New York subway system’s history illustrates the failures of state enterprise. The subways have been bad for so long that few know when the subways were
Taking Stock of the Assets We Have (and We Have a Lot of Them)
While the antimarket and antilibertarian forces are strong, it is easy to forget that free market advocates also have a powerful set of tools. Original Article: "Taking Stock of the Assets We Have (and We Have a Lot of Them)" This Audio
America’s Secret Government by Proxy
Security state agencies must justify their existence. There are 1,271 counterterrorist, homeland security, and intelligence organizations; 1,931 private sector analogues; 10,000 locations of these organizations; and ~854,000 people with top-secret security clearances as of 2010. To make matters worse, the line
Defining and Defending Freedom
The Mises Institute has worked for more than four decades to advance one purpose: the cause of economic freedom in academia and public life. The two comments on our work that I hear most often are: (1) you guys are doing
The African Slave Trade Wouldn’t Have Been Possible without African Elites
Much of modern history portrays the African slave trade as purely a European venture. But capturing and sending slaves abroad required both approval and aid from African elites. Original Article: "The African Slave Trade Wouldn't Have Been Possible without African Elites" This
The “Experts” Still Aren’t Giving Up on Vaccine Mandates
[Dr. Gilbert Berdine of the Texas Tech University Health Sciences Center and Ryan McMaken discuss the policy makers’ justifications for vaccine mandates over the past two years. Will any of these policy makers admit to any mistakes?] Ryan McMaken: The Centers
Do We Want Real Tax Cuts? How About Cutting Government Spending?
According to many economic commentators, an effective way to generate economic growth is through the lowering of taxes. The lowering of taxes, it is held, will place more money in consumers’ pockets, thereby setting in motion an economic growth. This