Mises Wire

In the US, Rich States Spend Less on Welfare

Taxes and Spending

Blog05/14/2019

The key to a high quality of life is a free economy devoted to trade and entrepreneurship. Contrary to what we're told about Europe's welfare states, more government social spending doesn't cause economic prosperity.

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The Problem with Aggregate "Calculations" of the Value of Immigration

ImmigrationCalculation and Knowledge

Blog05/14/2019

It's impossible to calculate the cost and benefit immigration without considering psychic profit and loss. And the government definitely is in no position to make any calculations at all.

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The Case Against the Market Economy

Free MarketsInterventionismOther Schools of Thought

05/13/2019Mises Daily Articles
The objections raised against the market economy are based on very bad economics.
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The Social Security Black Hole Has Arrived

Taxes and Spending

Blog05/13/2019

Despite spending nearly $2 trillion, or 45% of the federal budget, every year on Social Security and Medicare, the feds are headed toward insolvency, and there is no relief in sight.

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With New Tariffs, Trump Hikes Taxes on American Small Business Owners — Again

Blog05/10/2019

Tariffs are just a tax increase on business owners who must now lay off workers or take pay cuts to deal with a government-imposed rise in the cost of doing business.

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US Will Increase Pressure on Hong Kong In An Attempt to Cripple China's Growing Tech Influence

Global Economy

Blog05/10/2019

Huawei’s 5G global ambitions, coupled with the global trade effort known as the "Belt and Road Initiative" means the US government is motivated to undermine Hong Kong's monetary stability.

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Bernie and Ocasio-Cortez Declare War on the Poor With Anti-Credit-Card Law

05/09/2019Power & Market

By slapping new regulations on high-interest credit cards, Bernie and Ocasio-Cortez will just prevent high-risk borrowers from getting loans.

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