In today’s column, Paul Krugman now insists that not only should we not fear inflation, but we don’t even have to worry about it at all, at least in the short term. As is his style, Krugman wraps a Big Lie around a tiny kernel of truth. First, the self-pronounced Great One claims that anyone who even says the “I-word” is engaging in scare talk.
Once an avid reader of Paul Krugman’s New York Times twice-weekly columns, I admit to rarely even glancing at his work now, since I know that anything he writes is going to have the theme of “Trump evil, Democrats good” each time, and it doesn’t take long to get one’s fill of that, even if one disagrees with Donald Trump’s policies or cringes at
It is hard to know where to begin regarding the charges against Paul Manafort, the former campaign director for Donald Trump’s successful presidential bid, but having read the indictments and knowing some background about both the case and the investigation, I cannot say it is exactly a high point of American justice. In fact, when former FBI
A century ago , the Bolshevik Revolution in Russia ushered in a century of mass murder, starvation, summary execution of millions of people, destruction of ancient social institutions, wars, a vast network of death camps, and the evisceration of liberty, at one time, of a third of the planet. According to the New York Times , we should be
Few people outside New York City noticed that Bill de Blasio was sworn in for a second term as mayor of the Big Apple, as the Usual Luminaries did not show up for the occasion. However low-key the ceremony might have been on that freezing January day, it was significant one thing: the political leadership of New York once again is looking to
In the days and weeks following the demise of the Berlin Wall near the end of 1989, West Germans saw a most curious sight: East German residents, finally able to travel a bit, flooded western streets and roads with Wartburgs and Trabants. Like so many vehicles built in Eastern Europe and the Soviet Union during the days of communism, they were a
Recent federal criminal charges of conspiracy and wire fraud brought against four assistant college basketball coaches and executives from Adidas seem to be popular in the mainstream media, judging from the numerous articles I have seen about the story. For that matter, even some libertarians, noting their belief that college sports are “corrupt,”
It would seem that most people on the planet have seen the viral video of Alex Wubbels, the nurse at the University of Utah Medical Center, being arrested by police officer Jeff Payne because she insisted on following state and federal law, along with hospital protocol, regarding Payne’s demand that he be permitted to draw blood from a car
In slashing its key interest rate to zero in response to the economic calamities imposed by all levels of government ostensibly to fight the coronavirus, the Federal Reserve System is trying to regenerate the crashing stock market. At opening bell right afterward, however, the market continued to crash, and those results perhaps should be telling
Many of us have experienced the empty grocery shelves, the mad run on toilet paper (Calling Mr. Bidet?), and the ubiquitous face of Anthony Fauci of the National Institutes for Health on television broadcasts. Federal and local authorities are stretching their constitutional limits well beyond anything our ancestors would have recognized in their
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.