Mises on Predicting Election Outcomes
What would Mises say about election predictions like “Donald Trump has a 53% chance of winning”?
What would Mises say about election predictions like “Donald Trump has a 53% chance of winning”?
The Fed lowers interest rates ostensibly to “stimulate” the economy. But while the Fed claims it is strengthening the economy, it actually weakens it through its easy money policies.
Tariffs don‘t just raise consumer prices. They also affect capital flows and on numerous occasions have triggered stock market crises. What tariffs don‘t bring is prosperity.
When politics invades our lives, cooperation is replaced with coercion and conflict.
Using state power to enforce social orthodoxy is always a recipe for disaster. Radical Republican governments in the post-war South attempted to do just that, sowing seeds is hatred and…