Why Government Pollution Control Fails
In over twenty-five years of teaching undergraduate students, I have heard the same refrain countless times: free markets have many ...
Tag: Mises
The Road to a Single Fiat World Currency
What if the world’s states were to come together and create a single world currency? From a purely economic point ...
Producers, Not Consumers, Are the Engine of Economic Growth
Keynesian economists believe that recessions occur because of a weakening in aggregate demand, so boosting demand will end the downturn. ...
Banks Create Money Out of Thin Air — What Could Possibly Go Wrong?
You might rightfully wonder: How can a bank, like the neighborhood bank down the street, “create money out of thin ...
After the Debt Ceiling Deal: Look for Liquidity Problems in the Markets
Everything seems to be lining up perfectly for individual investors with Joe Biden and Kevin McCarthy making a debt ceiling ...
The Fed Has Rigged the Stock Markets to Crash
The conditions have now aligned for a repeat of the major stock market crashes that have occurred since the founding ...
You Can’t Depend on the State to Maintain Public Order
Although commonly used, Max Weber’s definition of the state—an entity that has a monopoly on the legitimate use of force ...
Biden’s New Intersectionality: Where Equity Policies Meet Bad Economics
In the summer of 2020, the Smithsonian Institution created a chart meant to condemn what it calls “whiteness,” and it listed a ...
The Five Stages of Bank Failure Grief
The talking heads on financial TV ask everyday where we are in the banking crisis. Is it over yet? After ...
Marxists Have a Plan for Housing: Make Sure There Is Less Available
“Stay in your lane” is a frequently heard refrain nowadays, normally a piece of advice directed at those who, by ...