The United States currency has only really weakened relative to the yen and the euro, but…
Author: Mises.org
How Bailouts and Stimulus Pave the Way for a Lot More Spending on Everything
If we can spend a few trillion overnight to bail out investors and send out 150…
The Problem with British Slavery Reparations in the West Indies
A just scheme for reparations requires us to identify specific victims. But current calls for reparations…
How Government Regulations Make Housing Unaffordable
The story of how housing became so unaffordable for so many is a tragic one. But…
Are We on the Cusp of a New Progressive Era?
If current political and economic trends continue, the 2020s will usher in a new period of…
These Protests Don’t Threaten the Ruling Party in America’s Big Cities
Politicians tend to be primarily concerned with gaining and retaining power. With this frame of reference,…
Central Bankers Gone Wild: It’s a New Era at the Fed
When people are scared they let the authorities get away with all sorts of nonsense. We're…
Freedom and COVID-19
Freedom is not the ability to do what you want. This definition leads to all kinds…
Progressives and the Origins of the Economic “Consensus”
Why economics abandoned the analysis of human action in favor of Keynes-inspired math-centered economics
There’s No End in Sight to the Zombie Economy
Put simply, if it were not for accommodative monetary policy, these firms would have otherwise shut…
The Fed Is Doing “Whatever It Takes” to Prop Up the Economy. That’s a Very Bad Thing.
There's now no difference between monetary policy and other government programs designed to prop up firms,…
How Government Intervention Triggers Depressions
Thanks to past interventions, the economy is now rife with malinvestments and prices that don't reflect…
Money Supply Growth in April Ballooned to a New High
The growth in the money supply in recent months is in part tied to the fact…
How Government Spending Can Make the Debt Burden Look Smaller than It Really Is
Understanding debt is straightforward: it is the money the government borrows to finance expenses that exceed…
As Oil Craters, Mexico’s Government Still Bets on Its Oil Monopoly
With oil prices in likely long-term tailspin, corrupt governments can't count on oil sales to bail…