Wealth


Money Pumping Works — Until It Doesn’t

By Frank Shostak Mises Institute March 26, 2018   Money Pumping Works — Until It Doesn’t   According to most economic experts, when an economy falls into a recession the central bank can pull it out of the slump by means of money pumping. This way of thinking implies that money pumping can somehow grow the economy. […]

Money Pumping Works — Until It Doesn't

Let Us Eradicate Poverty, Not Demolish Wealth

Let Us Eradicate Poverty, Not Demolish Wealth

By Daniel Lacalle Mises Institute February 7, 2018   Let Us Eradicate Poverty, Not Demolish Wealth   By the time you finish reading this article, some 600 people from all over the world will have escaped poverty. In 1990, 35% of the world population lived in extreme poverty. Today, that figure has fallen to 10.7%, according to […]


The LA Times Asks: Why is liberal California the poverty capital of America?

By Nick Sorrentino Against Crony Capitalism January 17, 2018   The LA Times Asks: Why is liberal California the poverty capital of America? “It’s as though welfare reform passed California by, leaving a dependency trap in place.”       I was talking with a couple of colleagues over lunch the other day and I mentioned […]

“It’s as though welfare reform passed California by, leaving a dependency trap in place.”

A $21 Trillion Global Pandora’s Kitty?

A $21 Trillion Global Pandora’s Kitty?

By Mathew Maavak Activist Post December 14, 2017     As US federal debt approaches $21 trillion in a matter of months, an eye-popping equivalent amount seems to have gone cumulatively missing from government coffers over the past two decades. The missing $21 trillion was tabulated by a team of researchers led by Dr. Mark Skidmore, Morris Chair of State and […]


Is Forced Military Service Good for the Economy?

By Ryan McMaken Mises Institute September 13, 2017   Is Forced Military Service Good for the Economy?   Conscription, also known as “the draft,” is typically justified with appeals to values like partriotism, public service, and “sharing the burden.” That’s in peacetime. In times of war, of course, government claims conscription is necessary to provide the […]

Is Forced Military Service Good for the Economy?

Does Government Spending Create More Economic Growth?

Does Government Spending Create More Economic Growth?

By Frank Shostak Mises Institute September 5, 2017   Does Government Spending Create More Economic Growth?     After the 2007-2009 global financial crisis, fears of ballooning public debt and worries about the drag on economic growth pushed authorities in some countries to lower government spending, a tactic that economists now think may have slowed recovery. Note […]


How Governments Justify Theft is a Fallacy: Wealth Was Created before Taxation

By Daily Bell Staff The Daily Bell April 18, 2017   How Governments Justify Theft is a Fallacy: Wealth Was Created before Taxation     Do we owe society taxes? Tax day is tomorrow. Some people get excited because they will get money back which the government withheld–a clever trick that makes people feel less oppressed […]

How Governments Justify Theft is a Fallacy: Wealth Was Created before Taxation

One Country’s Central Bank Is Urging Its 6 Million Citizens to Buy Gold

One Country’s Central Bank Is Urging Its 6 Million Citizens to Buy Gold

By  Shaun Bradley The Anti-Media February 22, 2017   One Country’s Central Bank Is Urging Its 6 Million Citizens to Buy Gold     The central bank of Kyrgyzstan is encouraging its six million citizens to each own at least 3.5 oz (100 grams) of physical gold. The precious metal is the nation’s leading export […]


Wealth Isn't Just Measured in Money — It's Measured in Choices

Wealth Isn’t Just Measured in Money — It’s Measured in Choices

By Jonathan Newman Mises Institute February 1, 2017   Wealth Isn’t Just Measured in Money — It’s Measured in Choices   How do we compare wealth over time? I came across one fun fact recently about the highest-paid athlete of all time. The first names that come to your mind might be Tiger Woods, Michael […]


Why Do Americans Have Such High Incomes and So Little Savings?

Why Do Americans Have Such High Incomes and So Little Savings?

By Ryan McMaken Mises Institute August 29, 2016   Why Do Americans Have Such High Incomes and So Little Savings?   Americans have more disposable income than nearly every other country on earth. The few exceptions include a handful of northern Western European states and some small city states like Monaco. Even when accounting for government […]