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June 25, 2021
Mises Institute

By Ryan McMaken

The Feds Collect Most of the Taxes in America—So They Have Most of the Power

The federal government collects a lot more in taxes than the state governments do. And the feds also spend a lot more. This tells us a lot about how the federal government came to dominate all political systems in America.

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By Lipton Matthews

The Real Trickle-Down Effect: Making "Luxuries" Affordable to Regular People

The "trickle down" effect is real in how capitalists are motivated to expand affordability of their products and services. Mobile phones and air travel were once just luxuries enjoyed by a select few, but are now widely affordable.

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By Chris Calton

Why Producer Prices (Like Lumber Prices) Are Rising Faster Than the CPI

Why have prices of building materials soared while consumer prices are relatively stable? This is easier to understand once we reject the myth of monetary neutrality and see how price inflation enters the market in different ways.

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