Mises Daily Articles

Displaying 1 - 10 of 389

Industrial Policy Did Not Bring Prosperity to Asia

Bureaucracy and RegulationCronyism and CorporatismProgressivismSocialism

01/09/2023Mises Media
Forty years ago, American politicians claimed that Japanese economic success was due to government economic planning. Unfortunately, the myth of industrial policy never seems to die, no matter how many times it is discredited.
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In Jamaica, the Tourists Party On behind High Walls and Locked Gates


12/14/2022Mises Media
High time preferences also mean high times in a party atmosphere. When Jamaica embraced socialism many decades ago, it wasn't supposed to come to this.
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It's Not Discrimination, Even When the Government Claims Otherwise

Free MarketsProgressivism

12/06/2022Mises Media
Governments are demanding there be "proportional" representation of women in professions that women historically have avoided. Those efforts will be unsuccessful.
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In the Red: The Federal Reserve’s Portfolio Joins the Rest of the Market

The FedInflationU.S. Economy

11/25/2022Mises Media
The Federal Reserve has not only mismanaged the US economy; even its own "portfolio" is underwater.
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Individual Time Preferences, Not the Central Bank, Determine Real Interest Rates

Central BanksThe FedInflationU.S. Economy

11/23/2022Mises Media
The Fed's predictable response to inflation is based on erroneous economic thinking common with Keynesians. Only a free-market approach can reduce inflation and restore true market interest rates.
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Inflation Is Not Price Increases. Inflation Causes Price Increases.

Central BanksEconomic PolicyThe FedInflation

11/20/2022Mises Media
The common view of inflation is that it is defined as a general increase in prices. Actually, inflation is expansion of the money supply that results in price increases.
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It Didn't Begin with FDR: Currency Devaluation in the Third Century Roman Empire

InflationWorld History

11/16/2022Mises Media
Roman Keynesianism that ruined the empire and destroyed the Roman economy.
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In Government-Regulated Healthcare, There Is No Competition Like No Competition

Bureaucracy and RegulationFree MarketsHealthMedia and CultureProgressivism

11/08/2022Mises Media
Progressives are quick to blame escalating healthcare costs on free markets, yet it's government rules and policies that are responsible.
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Inflation in Pakistan: Follow the Money

Central BanksGlobal EconomyInflation

11/08/2022Mises Media
Pakistan, like so many other countries, is seeing inflation close to spiraling out of control. As for finding causes, monetary authorities should look in the mirror.
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It's Time to Abandon America's Fetish for "Unconditional Surrender"

StrategyWar and Foreign Policy

10/29/2022Mises Media
War dissenters are branded "Putinists" by the foreign policy elites who casually flirt with nuclear war. But preferring negotiations to World War III hardly makes one a Putin sympathizer.
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