Sectors

Capital versus Labor: The Great Decoupling

This article explores the concept of the Great Decoupling, or the supposed discrepancy between increased labor productivity and higher worker wages. Prior to 1970, increases...

FDR Wasn’t the Only One Who Declared War on Gold to Save Paper Money

Desperate times call for desperate measures. Or tyrannical men do tyrannical things when it comes to propping up paper money whose value is circling the drain....

What Do Cryptocurrencies Mean for Liberty?

The Cato Institute’s mission is to originate, disseminate, and advance solutions based on the principles of individual liberty, limited government, free markets, and peace. Within the Center...

The Genius of Mises’s Action Axiom

The action axiom is the starting point of Mises’s economic method (praxeology). But it is far more than a place to start. It solves...

The European Central Bank Is Trapped Like the Fed

The eurozone’s annual price inflation rate hit 5 percent in December 2021 and (as of this writing) the consensus is for 5.1 percent in January 2022. Eurozone...

Should Government Be Your Stockbroker? Maybe So, Says Bloomberg

The government and its supporting lackeys would like us to believe they are our knights in shining armor protecting us against the unexpected evils...