Swiss Economicblogs.org
The conservative government in the United Kingdom champions the view that giving more foreign aid to developing countries will fuel economic growth that, as a bonus, will help to resolve the ongoing migration crisis. The international development minister has explained the government’s reasoning, namely that “giving development aid to countries was morally ‘the right to do,’ but a core argument should also be that it prevented refugees and migrants heading to...
Read More »Waller Pushes on Open Door: Push for Patience Lifts the Dollar, Complicating Japanese Efforts
Overview: Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating has helped the greenback extend its recent gains. The yen is the notable exception as the fear of intervention has restrained the dollar bulls. Poor German data, including a sharp 1.9% drop in February retail sales, the fourth consecutive monthly decline, underscored the euro's negative divergence, and the single currency was sold to new...
Read More »Big Agriculture’s Protectionism Targets the Amish
The raid on an Amish family farm is the direct result of government protectionism of big agriculture through needless and cumbersome regulations.Amos Miller is an Amish farmer in Pennsylvania who has become a thorn in the side of the State of Pennsylvania and the federal government for his selling of raw milk and other unregulated products. Miller first came to the attention of the Food and Drug Administration in 2016 when they claimed his milk was linked to several...
Read More »Big Agriculture Protectionism led to the Amos Miller Raids
The raid on an Amish family farm is the direct result of government protectionism of big agriculture through needless and cumbersome regulations.Amos Miller is an Amish farmer in Pennsylvania who has become a thorn in the side of the State of Pennsylvania and the federal government for his selling of raw milk and other unregulated products. Miller first came to the attention of the Food and Drug Administration in 2016 when they claimed his milk was linked to several...
Read More »The Tyranny of the 1964 Civil Rights Act
New York City’s government has imposed draconian rent controls. The natural outcome, as economists note, has been massive shortages, as apartment owners no longer have an incentive to rent empty apartments.Original Article: The Tyranny of the 1964 Civil Rights Act [embedded content] Tags: Featured,newsletter...
Read More »Who Will Take Care of the Roads? Why, The Coercive, Substandard, and Monopolistic Government Department, That’s Who
Tu ne cede malis, sed contra audentior ito Website powered by Mises Institute donors Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436 [embedded content] Tags: Featured,newsletter
Read More »Boeing’s Problems Are Not Due to Free Markets
On Monday, Boeing CEO Dave Calhoun announced he will step down at the end of the year. The news comes months after a door plug blew out midflight on a Boeing 737 flying from Oregon to California. The incident gained national attention, subjecting the manufacturer to bad press and up to $4.5 billion of economic losses so far.When incidents as serious as this happen, the public is rarely satisfied with the label of “accident.” People want accountability for those...
Read More »Heightened Threat of Japanese Intervention Pushes Greenback Away from JPY152
Overview: The dollar neared JPY152, setting a new 34-year high. This appeared to spur a senior official meeting in Tokyo, ostensibly to talk about the response. Previously, we suggested that Friday, when most markets outside of Asia will be closed, could provide an interesting opportunity for intervention. The implicit threat was enough to take the dollar to JPY151.10 in the European morning. Most of the G10 currencies are softer against the dollar but the yen. A...
Read More »The West Is Losing Interest in Ukrainian Victory
Many signs are now emerging that NATO and the West are slowly withdrawing support from Ukraine in its war with Russia. How much longer can the war continue? Recommended Reading"Intercept of German generals planning Taurus strike on Crimean bridge": Mises.org/WES_19_A"Army aims to double 155mm shell production by October" by Sam Skove Mises.org/WES_19_B"The deception behind America’s support for Ukraine" by Malcom Kyeyune:...
Read More »Knowing Murray in the Early Years (1971–1972) and Why Rothbard and Rand Would Relish 2024: Beginning Collapse of Statism and Its Realities!
The Murray N. Rothbard Memorial Lecture. Sponsored by Steven and Cassandra Torello.Recorded at the Austrian Economics Research Conference, 22 March 2024, in Auburn, Alabama. Includes an introduction by Joseph T. Salerno and an audience question and answer period. [embedded content] Tags: Featured,newsletter
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