Mises Wire

Does the Fed Follow Its Own Rules?

The FedMoney and BanksMoney and Banking

The central bank is unlikely to follow rules like the Taylor Rule because they are fundamentally political organizations with their own agendas.

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Will Our Grandchildren Work Only Four Hours Per Day?

Labor and WagesPoverty

Blog06/21/2017
If capitalists have their way, we may be looking at a future of 20-hour work weeks while producing a higher standard of living.

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How To Fight For Peace

Strategy

06/20/2017The Austrian
Until we make government smaller, we're not going to have peace.

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Jeff Sessions's Reefer Madness

Legal SystemPolitical Theory

Blog06/20/2017
Jeff Sessions's war against marijuana legalization will do nothing to fight crime or improve health.

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Money Supply Growth Fell to a 104-Month Low in May

Money and BanksMoney and Banking

Blog06/20/2017
Money supply growth has fallen to some of the lowest levels seen since 2008.

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After Brexit: Germany and the EU Will Look to Asia

Global EconomyWorld History

Blog06/19/2017
The importance of Asia as a trade partner will drive future EU and German policy.

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Oil Is Cheap — Why OPEC Can’t Do Anything About It

Booms and BustsBusiness Cycles

06/19/2017FedWatch
Only the future will tell if OPEC’s measures have any effect on oil prices or if our interpretation that they aren’t able to move prices is true.

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Privatize the New York City Subway System

Taxes and SpendingU.S. HistoryMonopoly and Competition

Blog06/19/2017
“Evidence of government failure” calls for a return to privatization to “reduce costs, improve service quality, and accelerate technological change.”

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Help Wanted: Lenders with No Experience (or Short Memories) to Make Risky Mortgages

Money and BanksMoney and Banking

06/19/2017FedWatch
Home values are up, flipping is back in vogue, and more than a little subprime sauce is needed to keep the party cooking.

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Trump Turns Back the Clock With Cold War Cuba U-Turn

Protectionism and Free TradeWar and Foreign Policy

Blog06/19/2017
President Trump said Friday that his new policy would be nothing short of “regime change” for Cuba.

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