Copenhagen Consensus

Tags: Calculation and Knowledge, Philosophy and Methodology

06/03/2004 Mises Wire Mark Thornton

Here is a group of prominent mainstream who got together to solve all the world’s problems in an efficient fashion. The first step was to assume you have $50 billion to spend. The second step was to spend it. Here is their wish list.

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It’s Greek to Us: Angry Generation Z Women Reenact “Lysistrata” Post-Election

11/15/2024 Power & Market Jane L. Johnson

In the aftermath of Donald Trump’s decisive victory over Kamala Harris on November 5, millions of American women—especially those of Generation Z, born between 1997 and 2012, currently aged from 12 to...

Caplan’s Errors on the UAE and Open Borders

11/15/2024 Mises Wire Artis Shepherd

Arguments advanced to support a political position often fail to withstand the slightest scrutiny. Rather, they are meant to make an impression on the impressionable—those who lack the context...

There’s No Sign of Relief from Ballooning Federal Deficits

11/15/2024 Power & Market Ryan McMaken

The Treasury Department posted its latest revenue and spending totals this week, and deficits continue to mount at impressive speed. During October—the first month of the 2025 fiscal year—the federal...

The Fed’s “Temporary” Mortgage-Backed Security Experiment Will Last Decades

11/14/2024 Power & Market Alex J. Pollock Paul H. Kupiec

It has been nearly 14 years since Federal Reserve Chairman Ben Bernanke told Congress that the Fed’s emergency quantitative-easing policy, of which the most radical part was buying mortgage-backed...

Abolish the Department of Homeland Security

11/14/2024 Mises Wire Ryan McMaken

The Trump transition team on Wednesday announced that he is nominating South Dakota governor Kristi Noem as the next head of the Department of Homeland Security (DHS). In the coming weeks, we’ll hear...

Meet the Writer

Mark Thornton

Mark Thornton is the Peterson-Luddy Chair in Austrian Economics and a Senior Fellow at the Mises Institute. He is the...

Voting on Drugs

11/13/2024 Mark Thornton

The iron law of prohibition states that the more you attempt to enforce prohibition, the more dangerous and the more potent the drugs actually become.

Keynes Was Not Much Better at Investing than He Was at Understanding Economics

11/11/2024 Mark Thornton

John Maynard Keynes is the best-known economist from the 20th Century, that not being a good thing. At least he was more famous for his success in promoting his views than for his lack of success as an investor. His failures were an extension of his lack of economic understanding.

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