Mises Daily

Even mainstream empirical data shows that the Phillips Curve is wrong and that inflation does not cure unemployment.

Merely increasing demand does not increase production or produce wealth.

Any government intervention in the economy, such as, loan programs, regulations, and subsidies, creates malinvestments.

Government intervention in health care has driven up health care prices. Mainstream journalists choose to focus on profits and “greed” as the problem.

Inflation puts a brake on social mobility: the rich stay rich (longer) and the poor stay poor (longer) than they would in a free society.

The first-ever libertarians were the Levellers, an English political movement active in the seventeenth century.

Swiss voters recently rejected a proposal to introduce the world’s highest minimum wage.

The skyscraper curse continues to haunt us. Thanks to cheap money and malinvestment, new record-setting skyscrapers are being planned and built as the global fiat-money-induced boom continues toward its inevitable correction.

When governments spend, regulate, and tax, they decrease household take-home pay while diverting savings and investment to the government class.

     The first-ever libertarians were the Levellers, an English political movement active in the seventeenth century.