The Drug War: Will the Trump Administration OD on Authoritarianism?

By: Ron Paul Last week Attorney General Jeff Sessions ordered federal prosecutors in drug cases to seek the maximum penalty authorized by federal mandatory minimum sentencing laws. Sessions’ order represents a setback to the progress made toward restoring compassion and common sense to the sentencing process over the past few […]

How Economists Destroyed Pre-World War II Germany

By: Ludwig von Mises This review of Frank D. Graham’s book, Exchange, Prices and Production in Hyper-Inflation: Germany 1920–23 (Princeton, N.J.: Princeton University Press, 1930) was published in Economica (May 1932). All the misfortunes from which Europe has suffered in the last two decades have been the inevitable result of […]

Jeff Deist: Is the Sky Falling?

By: Jeff Deist The media insists the US economy has recovered from the 2008 crash. Equities markets have enjoyed a bull run since the election. Housing prices are rising in expensive coastal cities. Government offices continue to report that GDP is growing while inflation remains in check. And insiders like […]

Week in Review: May 20, 2017

By: Mises Institute The tsunami of government spending and easy-money monetary policy shows no sign of letting up. In spite of many claims of strong economic growth, the world’s central banks refuse to do much at all in terms of scaling back their huge balance sheets or their rock-bottom interest rates. […]

Why the Left Refuses to Talk About Venezuela

By: Ryan McMaken During the 2016 presidential election, Bernie Sanders refused to answer questions about Venezuela during an interview with Univision. He claimed to not want to talk about it because he’s “focused on my campaign.” Many suggested a more plausible reason: Venezuela’s present economy is an example of what happens when […]

NFL Teams are Right to Blackball Colin Kaepernick

By: Tho Bishop Twenty one quarterbacks have been signed new contracts in free agency this year. Included in this mix are names like Kellen Moore, EJ Manuel, and Mike Glennon, who received a contract worth over 14 million a year this past March. Yet the most accomplished quarterback that was […]

Will “Big Data” Make a Centrally Planned Economy Possible?

    Many of us were once convinced that idea of the centrally-planned economy, both in theory and in practice, had been completely buried. Most economists today would argue that the planned economy doesn’t work, and in the last two decades of the twentieth century, almost all the planned economies shifted toward market economics. […]

Taking Off Our Economic Blinders

    As someone with a relatively distant relationship with horses, I have occasionally seen some with blinders on and wondered exactly why, when I have never noticed any other animal with blinders on. So when my curiosity got the best of me, I did some checking. It turns out […]

The Fed Does Nothing

      2017 is off with a drab whisper as the FOMC, as expected, kept the Fed Funds rate target unchanged at .5-.75%. Further, there was no mention of the alleged three 2017 hikes, which “experts” might consider as to be dovish move. The Press Release was optimistic about […]

2016’s Homeownership Rate Was the Lowest since 1965

    Yesterday, the Census Bureau released its measure of homeownership for 2016, and the annual average for 2016 was 63.4 percent. That’s the lowest rate measured since 1965 when the homeownership rate was 63 percent. 2016 was also the twelfth year in a row in which the homeownership rate […]

Wealth Isn’t Just Measured in Money — It’s Measured in Choices

      How do we compare wealth over time? I came across one fun fact recently about the highest-paid athlete of all time. The first names that come to your mind might be Tiger Woods, Michael Jordan, or Cam Newton. However, according to this source, the title belongs to […]

Will this Finally Be the Year the Fed Cuts its Balance Sheet?

      Now that the Fed has slightly upped its Fed Funds rate target twice, there is more talk of a much more ominous issue: shrinking the balance sheet. Late last year, St. Louis Fed President James Bullard affirmed that 2017 “possibly might be a good time to play […]

Trump is Wrong on H1-B Visas

      In what may be a constant theme throughout his presidency, protests broke out around the country in response to Donald Trump’s recent executive orders banning travel from certain Middle Eastern countries. While it’s fair to question why similar protests didn’t spring up when the previous administration was […]

Make Every State a Sanctuary State

    0 Views   CBS reports that “California may prohibit local law enforcement from cooperating with federal immigration authorities, creating a border-to-border sanctuary in the nation’s largest state as legislative Democrats ramp up their efforts to battle President Donald Trump’s migration policies.” In this context, of course, California — […]

A Better Solution Than Trump’s Border Wall

A A Tags Home | Feed | Blog.rss Legal SystemWar and Foreign Policy A Better Solution Than Trump’s Border Wall Political Theory 0 Views Just one week in office, President Trump is already following through on his pledge to address illegal immigration. His January 25th executive order called for the […]

The Right to Own and Bear Switchblades

A A Tags Home | Feed | Blog.rss Legal SystemU.S. History The Right to Own and Bear Switchblades Political Theory 0 Views The legislature of the State of Colorado is considering ending its longtime ban on switchblades. You read that right. In a state where pretty much anyone without a criminal […]

Should Cash be Abolished?

A A Tags Home | Feed | Blog.rss Money and Banks Should Cash be Abolished? Monetary TheoryMoney and Banking 0 Views At the World Economic Forum in Davos Switzerland, Joseph Stiglitz the Nobel Prize-winning economist argued in favor of phasing out currency and moving toward a digital economy. The view […]

Why Did the Media Fail so Badly In Its Efforts to Elect Hillary?

A A Home | Feed | Blog.rss Why Did the Media Fail so Badly In Its Efforts to Elect Hillary? 0 Views Yesterday in Taki’s Magazine, David Cole suggested that maybe, just maybe, Hollywood isn’t as powerful in swaying public opinion as many people assume it is.  This belief is […]

Advertisers Aren't As Powerful As We Think

A A Tags Home | Feed | Blog.rss Media and Culture Advertisers Aren’t As Powerful As We Think Political Theory 0 Views With Super Bowl Sunday nearly upon us, we’re once again hearing about all the high-priced television ads scheduled for the event that will amuse and influence us while […]

A Tariff with Mexico Will Ensure Americans Pay for Border Wall

A A Tags Home | Feed | Blog.rss U.S. Economy A Tariff with Mexico Will Ensure Americans Pay for Border Wall InterventionismValue and Exchange 0 Views The AP is reporting that Sean Spicer has informed reporters that President Trump is considering a 20% on Mexican goods as a way to […]