“Nothing is so permanent”, noted Milton Friedman, “as a temporary government programme”. Friedman died in 2006, a couple of years before Fannie Mae and Freddie Mac, two enormous government-sponsored enterprises (GSEs) that provide liquidity to the American mortgage market, were bailed out during the global financial crisis. The firms were taken into “conservatorship”, a form of temporary government control. It has now been in place for almost 17 years.
Amsterdam’s decision to ban meat advertising should be viewed as part of a much broader trend that has been unfolding...
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 2,563,52 points or -3.85% to...
While nominally an opposition party facing an existential fight with an authoritarian GOP, the Democratic party establishment and their allies...
U.S. households grew more worried over their financial situation, with the share of those seeing things as much worse than...
There is a high likelihood that, due to the past large decline in the yearly growth rate of the money...
What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...
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