The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me.

September 8, 2018

Fed: "Underlying Inflation" at a 13-Year High by Ryan McMaken The Fed's other inflation measure suggests inflation hasn't been so high since 2005. Jeff Deist on What You Can Do by Jeff Deist Let’s drop the scrappy underdog posture, the quietism, the retreatism, and the remnant mentality. Immigration Roundtable: Hans-Hermann Hoppe by Jeff Deist This is the fourth article in a series focusing on immigration. Why the "Economy Is an Engine" Metaphor is So Wrong by Brian Balfour The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me. This Week's Podcasts and Videos:  Who Is Friedrich Hayek? by Peter G. Klein Historical Controversies: Controlling Missouri, Part 5: Bloody Hill by Chris Calton   "Scabs" Are the True Labor Day Heroes by Gary Galles This Week's Power & Market Posts:  Trump's Mental Stability Questioned by America's Most Psychopathic City by Tho Bishop Even Cows Understand the Problem with the Commons by Jim Cox Civility and Political Debate by Gary Galles This Week's Mises Wire Articles: Artificial Booms and the Theory of "Forced Saving" by Jesús Huerta de Soto Why Are the Feds Subsidizing Baby Formula Companies? by Ryan McMaken The Plan to "End Government Control" of the BBC Isn’t As Good As It Sounds by George Pickering Private Cities: A Model for a Truly Free Society? by Titus Gebel Money Supply Growth Falls to 6-Month Low by Ryan McMaken What Causes Moral Hazard? by Jörg Guido Hülsmann In Eastern Europe and Russia, Reminders of Communist Horrors Are Everywhere by William L. Anderson Governments Default on Debt More than You Think by Daniel Lacalle  Reparations vs. Property Rights by Chris Calton  Federal Employees Have Higher Pay, More Job Security Than Private Sector by Daniel J. Mitchell  Capitalism, Happiness, and Beauty by Ludwig von Mises  Why Fiscal Stimulus Doesn't Create Real Economic Growth by Frank Shostak  Immigration Roundtable: Walter Block by Jeff Deist  New NAFTA Is Just Old Protectionism and Bad Economics by Carmen Elena Dorobăț Markets, Not Unions, Gave us Leisure by Thomas J. DiLorenzo  "Scabs" Are the True Labor Day Heroes by Gary Galles  Will Cryptos Fulfill Hayek's Vision of Private, De-Nationalized Money by Demelza Hays