Junk fees, Shrinkflation, Surge Pricing and Other Legal Price-setting Strategies: Price Controls by Another Name
President Biden needs an economics lesson.
Interventionism
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Legacies of Injustice and Racial Inequality
Progressives argue that free markets stand in the way of economic and racial equality. In fact, free markets are the only vehicle that can help make people more equal.
Bank Crises and the Interventionist Spiral
As the US banking system becomes increasingly unstable, the calls proliferate for even more government intervention into banking and finance. People forget that it was government intervention in the first place that caused these crises.
Why Governments Can Never Be Run “Like a Business”
No state regime is a business and it doesn't have a business model. Real businesses rely on free voluntary exchange with customers. States rely on violence and coercion.
Legacies of Injustice and Racial Inequality
Progressives argue that free markets stand in the way of economic and racial equality. In fact, free markets are the only vehicle that can help make people more equal.
Mises Explains the Santa Claus Principle
The regime would have you believe there is an inexhaustible fund somewhere which we can live off of indefinitely, and which can be squeezed forever. This attitude leads only to inflation, impoverishment, and a decline in the standard of living.
The Myth of the Failure of Capitalism
Socialism and interventionism have not yet succeeded in completely eliminating capitalism. If they had, we would, after centuries of gains in prosperity, rediscover the meaning of hunger on a massive scale.
30-Year Mortgages Are Still a Sweet Deal—For People who Already Have Them
Government intervened into home mortgages to subsidize home buyers and make home ownership more "affordable." As with most interventions, the results have backfired as home prices and mortgage rates skyrocket.
Mises on the History of Warfare
As war rages in the Middle East, we are reminded of what Mises wrote in 1949 on warfare and its awful effects.
Mises on the History of Warfare
As war rages in the Middle East, we are reminded of what Mises wrote in 1949 on warfare and its awful effects.
