Politics
The New York Times claims that the “administrative state”—that is, governance by unelected bureaucrats—protects our country and enhances democracy.
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Even the federal government’s official data shows that price growth is well above the Federal Reserve’s two-percent target. In fact, price inflation is now...
Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit...
Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who...
The New York Times claims that the “administrative state”—that is, governance by unelected bureaucrats—protects our country and enhances democracy.
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“This new regulatory framework … has been officially communicated to regional parties. There will be no return to the pre-war status quo.”
The New York Times claims that the “administrative state”—that is, governance by unelected bureaucrats—protects our country and enhances democracy.
Mainstream economists, not to mention most financial journalists, claim that deflation is as bad or worse than inflation. The Austrians know better. We need...
The question is not whether a politician’s intention is good. The market does not care about intentions. It responds to incentives.
“The number of Fed policymakers willing to consider an interest rate hike rose … as higher gas prices stemming from the Iran war threatened...
This war is not just making energy more expensive, it’s knocking out the higher order goods the global structure of production depends on. This...
Over the centuries, many academic institutions and publications have played their role in the good work of defending freedom. The Mises Institute does this...