Today in history, on August 15, 1971, President Richard Nixon slammed shut the “gold window” and eliminated the last vestige of the gold standard. Nixon ordered Treasury Secretary John Connally to uncouple gold from its fixed $35 price and suspended the ability of...
The Trump administration recently enacted sanctions against Venezuela, citing human rights abuses among its justifications. But if violations of human rights are a legitimate concern for the administration, then pursuing economic sanctions is bad policy. Research...
If I wanted to increase income and wealth inequality, I could start by looking at San Francisco as a model of what to do. Strict property zoning restrictions combined with high taxes make it unaffordable for the non-rich to live there. As reported by the Stanford...
While I was fact checking today's Mises Daily article, I checked some correlation coefficients of my own so I didn't have to rely on Volokh's numbers as my only source. I approached the data a little differently than Volokh did and instead of using a subjective...
Campaign for Liberty Chairman Ron Paul issued the following statement regarding the Federal Reserve’s announcement that it will be reducing interest rates for the first time in a decade: “The Federal Reserve’s reduction of its benchmark interest rate from 2.25% to 2%...
“I would like to say to Milton and Anna [co-author of A Monetary History of the United States, 1867–1960]: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.” Federal Reserve Chairman Ben Bernanke,...
There is seldom a shortage of politicians and pundits calling for more people to pay their “fair share” of taxes. But how is one to determine what everybody’s fair share should be? The blunt answer is that there is no non-arbitrary way to determine a “fair” amount of...
What is freedom? How do we protect it? As a libertarian, anarchist, agorist, minarchist, collapsatarian, or whatever liberty-minded label your strut from this radical spectrum, it's easy to get bogged down by the difference between human rights (civil rights/personal...
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
