Mises Daily Articles

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Bureaucratization

Big GovernmentFree MarketsInterventionism

11/07/2017Mises Daily Articles
The progressing bureaucratization of big business is by no means the result of a tendency inherent in the development of the capitalist economy.

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Baltimore’s Unemployed and the True Cost of Minimum Wages

Big GovernmentInterventionism

06/26/2015Mises Daily Articles
Advocates for minimum wage mandates say they won't cause unemployment if done a little at a time. But if that's the case, why isn't Baltimore, with its myriad of wage laws, an engine of job growth?...

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British Election Strikes Another Blow Against EU

Global EconomyTaxes and SpendingWar and Foreign Policy

05/16/2015Mises Daily Articles
David Cameron’s razor-thin win in the UK elections means he’s had to promise a new referendum on EU membership. If the UK were to leave the EU, it may trigger Scottish secession and a major shift in the EU balance of power...

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Ben Bernanke’s Latest Defense of the Fed’s Failures

The FedMoney and BanksMoney and Banking

04/13/2015Mises Daily Articles
At his new blog, Ben Bernanke is coming up with new excuses as to why the current recovery is so weak and why mega-low interest rates — and thus a lack of options for middle-income savers seeking interest income — aren't his fault...

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Brazil: Victim of Vulgar Keynesianism

Booms and BustsGlobal Economy

03/27/2015Mises Daily Articles
Brazil's government has long been devoted to the idea that more government spending will create more economic prosperity. For a time, it seemed to work, but now reality and disillusionment have set in.

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Bad Idea: Devaluing Currency to Help Exporters

Global EconomyMoney and BanksMoney and Banking

02/13/2015Mises Daily Articles
When a central bank devalues a currency, it is often said that the devaluation will help exporters, and thus the whole country, as a result. But this simplistic analysis ignores the many downsides of inflating the currency.

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Bait & Switch: "Economic Development" in the States

Big GovernmentTaxes and SpendingEntrepreneurship

01/15/2015Mises Daily Articles
States could attract more businesses and jobs by lowering taxes and making government smaller. But since governments hate cutting taxes and regulations, they instead choose to lure new firms with temporary tax breaks and special favors.

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Before Adam Smith There Was Chydenius

Free Markets

09/15/2014Mises Daily Articles
The work of economist Anders Chydenius, which predates Smith’s The Wealth of Nations , provided a radically free-market voice for Scandinavia in the 18th century as Chydenius battled against mercantilists and those who thought government well-suited to plan economies with laws and edicts...

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Böhm-Bawerk: Austrian Economist Who Said "No" to Big Government

Business CyclesInterventionismMonopoly and Competition

09/06/2014Mises Daily Articles
To his last, Eugen von Böhm-Bawerk defended reason and the logic of the market against the emotional appeals and faulty reasoning of those who wished to use power and the government to acquire from others what they could not obtain through free competition.

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Blaming That Cold Weather Culprit

The FedInterventionism

08/27/2014Mises Daily Articles
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...

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