How Is the Fed Insolvent and Why Should We Care?
Alex Pollock has decades of experience in financial markets, including a position as President of the Federal Home Loan Bank of Chicago. He explains to Bob the mechanics of the Fed's current insolvency and its implications for ordinary Americans. Join us
Statism Stands against Free Trade and Free Association
Free trade has its enemies on the left and the right. However, despite the supposed “sophistication” of their antitrade arguments, when we break them down, those arguments really are sophistry. Original Article: Statism Stands against Free Trade and Free Association
Physician Burnout: Another Consequence of Medical Socialism
Obamacare's forced electronic medical recordkeeping is denying patients the care they need. Original Article: Physician Burnout: Another Consequence of Medical Socialism
The Data Shutdown—Smokescreen?
This episode examines the impending Government Shutdown, which will suspend new releases of the government's "vital" economic statistics. How will the "Data Dependent" Fed manage its policy behind the cloak of missing data? Mark suggests it's best to consider that
Will Dollarization Work in Argentina?
In Argentina, the libertarian presidential candidate Javier Milei made headlines when he came in first in the primary on August 13. His economic program calls for a strong reduction in government spending and the role of government in general and
Last Day to Double Your Gift
The Mises Institute sends a big THANK YOU to everyone who already donated to our Fall Campaign this week. Your support helps us continue to make the sound economic principles of Mises, Rothbard, Hazlitt, and Hayek free to the world at
Is the Money in Your Checking Account Yours or the Bank’s?
When Silicon Valley Bank and other banks failed earlier this year, the debate over the sustainability of fractional reserve banking resurfaced. Under fractional reserve banking, banks keep only a fraction of customers’ deposits in reserve. The difference is bank credit,
Friday Feature: Freedom Learning Academy
Colleen Hroncich I recently toured Freedom Learning Academy in Overland Park, Kansas, and was really inspired by what I saw there. Josiah Enyart was a public school teacher and coach for more than 10 years. Over time, he started to get a bit disillusioned by
Arizona Wants to Take Condo Owners’ Property and Sell it to Somebody Else
Anastasia P. Boden and Nathaniel Lawson Arizona thinks that some people ought to be able to take other peoples’ property when they can put it to “better use.” We think not. Under the Arizona Condominium Act, a supermajority of condo owners can force
Totalitarian Ideals and Not Living by Lies
More than forty years ago, Aleksandr Solzhenitsyn urged his fellow Russians “not to live by lies.” In our politicized age, his words ring truer than ever. Original Article: Totalitarian Ideals and Not Living by Lies