Mises Daily Articles

Displaying 1 - 10 of 179

Economic Automatons Emerge to Attack James Grant's The Forgotten Depression

Money and BanksU.S. HistoryMoney and Banking

06/09/2015Mises Daily Articles
It appears that even economists are now being replaced by machines. At least it seems that way given a recent paint-by-numbers attack from the New York Times on James Grant's new book The Forgotten Depression ...

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Extorting Low-Income Individuals to Help "the Poor"

Big GovernmentTaxes and SpendingInterventionism

05/11/2015Mises Daily Articles
Many poverty relief laws and policies are premised on the assumption that only "the rich" will bear the costs. In fact, the incomes and well-being of many low-income individuals are taxed and diminished to benefit a nebulous group known as "the poor."...

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Employment Does Not Drive Economic Growth

Capital and Interest TheoryValue and Exchange

02/19/2015Mises Daily Articles
The Fed — and many economists everywhere — believe that giving more people jobs will drive more economic growth. But more employment is useless for economic growth if employed persons are not contributing to real wealth and capital accumulation.

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Europe Joins the QE Party

Global EconomyMoney and BanksMoney and Banking

01/31/2015Mises Daily Articles
The European Central Bank is ramping up its easy-money policies in an effort to spur inflation, which it hopes will improve the economy. The wealthy and powerful will benefit from this, but most everyone else is in big trouble.

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Economic Isolationism in The Walking Dead

Media and Culture

09/30/2014Mises Daily Articles
When dealing with people in a potentially hostile environment (such as a zombie apocalypse) how do we decide if we should trade with strangers or kill them? It turns out time preference and the division of labor has a lot to do with it.

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Employer-Provided Health Care Is Not a Religious Issue

Free MarketsHealthPrivate Property

07/15/2014Mises Daily Articles
The fact that opponents of private property rights have managed to frame the debate over health-care mandates as some sort of religious issue is one of the great public relations coups of our time. Note below, for example, the top of a full page ad in the New York Times taken out by a group called...

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Early Catholic Social Teaching: The State as Robber

Other Schools of ThoughtPhilosophy and Methodology

06/26/2014Mises Daily Articles
Many Christians call for legislation to regulate, control, and ban activities that they deem as social vices.

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Europe’s Mario Draghi Starring in Bernanke’s Show

The FedGlobal EconomyOther Schools of Thought

06/24/2014Mises Daily Articles
ECB’s Mario Draghi has taken over from Ben Bernanke as the world’s most enthusiastic money printer...

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Even the Feds Admit Minimum Wages Cause Unemployment

Big GovernmentInterventionismProduction Theory

06/17/2014Mises Daily Articles
There is a little-known loophole in federal law that allows for people with disabilities to be employed at wage rates below the minimum wage. Why the exemption? It’s an effort to lessen unemployment among the disabled, and a tacit admission in federal law that minimum wages cause unemployment...

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Everything Popular Is Wrong: Malinvestment and Consumers

Free MarketsInterventionism

06/03/2014Mises Daily Articles
Any government intervention in the economy, such as, loan programs, regulations, and subsidies, creates malinvestments.

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