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June 14, 2022

By Brendan Brown

Even When There Is Inflation, the Fed STILL Fights Falling Prices

Forget the notion that the Fed "fights inflation." In fact, the Fed exists to promote inflation.

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By Robert P. Murphy

The Inverted Yield Curve and Recession

Economists have failed to explain the mechanism by which an inverted yield curve signals an impending recession. But the Misesian explanation of the business cycle quite easily explains the pattern we observe in interest rates.

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By Mark Thornton

The Libertarian Party at Fifty Years

Economic libertarianism, with its sole focus on government budgets and taxation, is a highly limiting political strategy. Libertarians should proceed as enemies of the state.

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