Mises Wire

A Government-Imposed Minimum Wage for Pro Hockey Players?

Bureaucracy and RegulationLabor and Wages

Blog12/05/2018

Minor-league hockey players know what they're getting into when they sign their contracts. But now they want the government to overturn their contracts and force a pay raise.

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The Economist Promoting Austrian Economics in Venezuela

EducationSocialismAustrian Economics Overview

Blog11/20/2018

Dr. Daniel Lahoud has single-handedly introduced hundreds of Venezuelan students to the ideas of Mises and Hayek. 

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There's No #metoo When Economies Collapse — You Do What You Have to Do

Booms and BustsWorld History

Blog11/16/2018

Economic disasters often lead to a rise in the number of people willing to work in the sex trades — which are staffed mainly by desperate people.

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Is the Fed's Leading Dove Aiming to Replace Jay Powell?

10/26/2018Power & Market

Neel Kashkari is urging the Fed’s home office to lighten up on the interest rate hikes already.  The President must be pleased.

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Austrian Economics and the Transaction Cost Approach to the Firm

Calculation and KnowledgeEntrepreneurshipProduction Theory

10/26/2018Libertarian Papers
Why are there many firms in the world, and not just one, big mega-corporation? The answer lies in the problem of calculating costs and prices.
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lp-1-39_2.pdf

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Kirk Kerkorian: Misesian Entrepreneur

The EntrepreneurEntrepreneurship

Blog10/26/2018

Kerkorian was an eighth-grade dropout who would go on to earn billions, and epitomized Mises's idea of the entrepreneur.

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City Governments Don't Care About Housing Affordability

Blog10/23/2018

If politicians cared about affordable housing, they'd be doing all they could to repeal regulations and encourage more construction.

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Old Wine in Old Bottles? A Nobel for Clever Packaging?

World HistoryOther Schools of ThoughtPhilosophy and Methodology

Blog10/17/2018

The Nobel committee this year showed that it has embraced clever economic modeling as a replacement for scientific progress.

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