The Free Market 18, no. 5 (May 2000) Fifteen years ago, Murray N. Rothbard wrote a piece on the most prevalent economic errors of that time. What are the great economic errors alive today? 1. The Fed sets interest rates. The Fed can exercise huge influence over interest rates by setting its discount rate, manipulating the fed funds rate, and
The Free Market 18, no. 5 (May 2000) It was a revolting display to see the bureaucrats at the Justice Department cheer Federal Judge Thomas Penfield Jackson’s decision. Many of these people didn’t even know how to get around the web twelve months ago, and now they are making decisions for millions of consumers and threatening to smash the
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The Mises Institute is honored to be taking over the public action of The Journal of Libertarian Studies , one of the most important scholarly journals to appear in the history of ideas. In a market too often dominated by conventional wisdom, academic log-rolling, and risk-averse research with no practical application, the JLS, from its inception
Nicole Gelinas in the New York Post : “NewYork politicians spent the spring devising a new way to squeeze more blood from Wall Street, in the form of a ‘temporary’ tax surcharge on well-compensated workers. But you can’t tax a ghost. What if Wall Street and its highly paid executives simply disappear ?” Thanks to Anders Mikkelsen.
Mises Institute summer fellow Daniel McCathy on the proposed spam tax . “Christopher Caldwell doesn’t like spam. That’s ok – who does? Caldwell, however, thinks that the solution to unsolicited commercial email is to have ‘lawmakers’ – the federal government – do something about it. There’s a problem here, but what’s worse is that Caldwell gives
“At the risk of sounding like Chicken Little, I am going to describe the economic situation in plain English. The United States is flirting with a low-grade depression, one that may last for years unless the government takes decisive action to overcome it,” says William “Easy-Money Bill” Greider in The Nation .
Economist Dale Steinreich on our own Radio Moscow.
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