The Folly of Federal Reserve Stabilization Policy: Part I 1948-1985
2024-03-01
The Federal Reserve Board is responsible for formulating macro stabilization policy. More specifically, the Federal Reserve Board seeks tradeoffs between inflation and unemployment rates. Fed officials need meaningful data to formulate useful policies.
Welfare for Migrants Ensures the Border Crisis Will Continue
2024-02-23
Earlier this month, The New York Post reported that the mayor of New York is giving away pre-paid cash cards—each carrying "up to $10,000"— to foreign nationals in New York. Most of these foreign nationals—i.e., "illegal immigrants"—have arrived in New York with no invitation, no employment prospects, and no plan for housing. But most of them plan on staying. And why shouldn’t they? Upon arrival, thousands of them immediately went on the public dole in some way or another, relying on taxpayer-funded shelters, housing programs, and a variety of sources for "free" food. Those immigrants who have not found taxpayer funded housing in hotels—there are presently at least 66,000 of them—simply live on the taxpayer-funded streets as vagrants.
The latest idea from the city’s central planners is to
A Chance to Double Your Gift!
2023-12-01
Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match donations received through December 11. That means your $10 donation becomes $20, your $25 donation becomes $50, and so on. For the last nine years, Gary has kickstarted our year-end campaign with his matching gift. He’s ready to match your gift today!
With a donation of $25 or more, you’ll receive a copy of Dr. Joseph Salerno’s The Progressive Road to Socialism. And, thanks to Gary, your donation doubles. Please donate today.
Your gift allows the Mises Institute, in this critical moment, to carry on publishing our books and videos; aiding research and teaching in Austrian economics; promoting the Austrian School to the public; and training tomorrow’s champions of economics of freedom.
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