Interventionism

In this Mises View, which is an excerpt from a recent seminar lecture, Mark Thornton explains how our standards of living improve through real econ

Anyone reading modern day trade agreements would not be surprised to discover that they focus less and less on reducing import duties, and more on developing national industries, promoting exports, and ensuring domestic policy space.

The modern health insurance industry, a by-product of government regulation and tax policy, has led to a system in which the consumer of medical se

Supporters of minimum wage hikes claim they have little or no effect on employment, the law of demand makes it clear the effects of price controls

Supporters of government interventions like minimum wages. Careful analysis reveals another story, however, writes Kenneth Zahringer.

The war on drugs has no benefits, just costs and negative unintended consequences. These include drug-addict crime, drug-dealer violence, bribery and corruption, and the increase in drug potency to deadly levels.

Supporters of minimum wage hikes claim that such hikes have little or no effect on employment, but the law of demand makes it clear that the effects of such price controls are very real.

Elizabeth Warren outlines 11 Commandments of Progressivism and each requires coercion and politics to succeed, writes William Anderson.

The Fed and it's friends blamed cold weather for much of the year's lackluster economic growth. But cold weather does not explain the economic slowdown because cold weather does not stop economic activity, it merely shifts it to other activities and products.

Supporters of government interventions like minimum wages. Careful analysis reveals another story, however. Without sound theory to explain them, such simple statistics are meaningless.