Politics
For nearly 30 years, the Fed has pursued an easy money policy that has made the economy increasingly dependent upon the next round of...
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Politics
President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set...
Politics
The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.
Politics
Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to that of...
Politics
The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually weakens it...
Politics
What would Mises say about election predictions like “Donald Trump has a 53% chance of winning”?
Politics
Tariffs don‘t just raise consumer prices. They also affect capital flows and on numerous occasions have triggered stock market crises. What tariffs don‘t bring...
Politics
Interventionists often claim that market economies naturally lead to monopolies, which mean there is no more economic competition. However, within market processes, there always...
