Mises Institute

Back in the .com bubble days, Alan Greenspan worried about “irrational exuberance,” but chose to let markets adjust on their own, without hiking interest rates

The Federal Reserve Bank of New York this week released its Quarterly Report on Household Debt and Credit for the third quarter of this year.

If the voting taxpayers (those who actually pay the bills) are outnumbered or outcompeted by the tax receivers, then national bankruptcy is the most likely outcome.

Much of mainstream economics holds to the Efficient Market Hypothesis (EMH), which is built on highly unrealistic foundations. The Austrian causal-realist approach has more explanatory power.

The justices that Trump appointed to the Supreme Court have shown a recent intolerance for the kinds of semantic leaps his administration is relying on to justify its tariffs. Will they remain consistent or fall in line behind the president?

The New York Times has just published an excellent editorial on the dangerous direction in which America is headed under President Trump. It is entitled “Are We

Ryan McMaken takes a deep dive on food stamp spending, food stamp recipients, and how Big Ag and other industry lobbyists fight to keep food stamp spending flowing and increasing.

Otto von Bismarck said, “Laws are like sausages, it’s better not to see them made.” Look too closely, people would recognize that the republic has long since become something else entirely.