economy


Don’t Bail Out Failing States Like Illinois

By Against Crony Capitalism June 21, 2017   Don’t Bail Out Failing States Like Illinois     Sounds like a case of the “Detroits.” Actually many cases of the Detroits. The government is too big in these states. There are too many state employees. These employees want unrealistic pensions. (What’s a pension?) They lived like […]

Don’t Bail Out Failing States Like Illinois

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

By Nick Sorrentino Against Crony Capitalism June 20, 2017   The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent     People seem confused by this rally. Really a rally on top of a Fed induced (to a very large extent) bull market extending back many years. How can this be, […]


The Myth of Infrastructure Spending

By Ryan McMaken Mises Institute June 14, 2017   The Myth of Infrastructure Spending   Trump’s $1-trillion infrastructure spending plan continues to be one of his less controversial proposed policies. In Washington, and even among many in the general public, there is a consensus that government spending on more roads and bridges is always necessarily a […]

The Myth of Infrastructure Spending

How Long Can the Fed Keep the Boom Going?

How Long Can the Fed Keep the Boom Going?

By Thorsten Polleit Mises Institute June 5, 2017   How Long Can the Fed Keep the Boom Going?   The US bond market trades at a quite high valuation. For instance, the 10-year US Treasury bond presents a price earnings (PE) ratio of 43. In other words: It takes 43 years for the investor to recoup the […]


Why the Left Refuses to Talk About Venezuela

Why the Left Refuses to Talk About Venezuela

By Ryan McMaken Mises Institute May 19, 2017   Why the Left Refuses to Talk About Venezuela   During the 2016 presidential election, Bernie Sanders refused to answer questions about Venezuela during an interview with Univision. He claimed to not want to talk about it because he’s “focused on my campaign.” Many suggested a more plausible reason: […]


Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal

Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal

By Nick Sorrentino Against Crony Capitalism May 2, 2017   Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal     Of course they don’t use the word “cronyism” or the term “crony capitalism.” But that’s what the $5 billion in additional spending is all about – cronyism. Included in the deal […]


Ron Paul

Save Liberty, Shut Down the Government

By Ron Paul Ron Paul Institute May 1, 2017   Save Liberty, Shut Down the Government   Congress ended the week by passing a continuing resolution keeping the government funded for one more week. This stopgap funding bill is designed to give Congress and the White House more time to negotiate a long-term spending bill. […]


Trump’s Tax Plan Is Brilliant Politics and Even Better Economics

By Against Crony Capitalism April 28, 2017   Trump’s Tax Plan Is Brilliant Politics and Even Better Economics     From Jeff Tucker, someone who has been VERY critical of Trump on a number of issues. (From FEE)   Donald Trump’s tax plan seems to mark a new chapter in his presidency, from floundering around […]

Trump’s Tax Plan Is Brilliant Politics and Even Better Economics

What Does Steve Bannon Want?

What Does Steve Bannon Want?

By Hunter Lewis Against Crony Capitalism April 24, 2017   What Does Steve Bannon Want?     This is the title of an article Christopher Caldwell, a senior editor at the “conservative” Weekly Standard, wrote for the New York Times on February 26, 2017. Mr. Caldwell gets to the essence of it when he writes: “Steve […]


Why Politicians Win (and Workers Lose) Under Socialism

By Hans-Hermann Hoppe Mises Institute April 19, 2017   Why Politicians Win (and Workers Lose) Under Socialism   Socialism leads to the politicization of society. Hardly anything can be worse for the production of wealth. Socialism, at least its Marxist version, says its goal is complete equality. The Marxists observe that once you allow private […]

Why Politicians Win (and Workers Lose) Under Socialism