Mises Wire

Why is the "Cost of Living" in Cities so High?

Labor and WagesU.S. EconomyPrices

Blog09/04/2019

More than half of the people in the world currently live in urban areas or cities, in spite of it being more expensive to do so. Why?

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What Is "Originary Interest"?

Financial MarketsMoney and BanksCapital and Interest TheoryFiscal TheoryMoney and Banking

09/03/2019Mises Daily Articles
People do not save and accumulate capital because there is interest. Interest is neither the impetus to saving nor the reward or the compensation granted for abstaining from immediate consumption. It is the ratio in the mutual valuation of present goods as against future goods.
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What We can Learn from Liechtenstein

Decentralization and SecessionWorld History

Blog09/03/2019

The Liechtenstein constitution goes to great pains to place obstacles in the way of exercising state power. It also has provisions explicitly allowing for secession.

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Why Employers Can't Exploit the Workers, Even if They Try

Blog09/02/2019

In a competitive economy, employers are unable to pocket the surplus produced by workers. If the employers try to do this, they lose market share and their best workers.

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Will Robots Replace Human Workers? Let's Hope So.

Labor and Wages

Blog08/30/2019

New technologies, not the state, will be the key to making it ever easier to meet basic needs and diminish the perceived need for more government services.

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Why Big Business Prefers Lobbying Government to Competing in the Marketplace

Corporate Welfare

Blog08/29/2019

When corporations can make more money by angling for government favors than they can by serving customers, that is exactly what they are going to do.

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Why Socialist Calculation Is Always Impossible

SocialismValue and Exchange

Blog08/28/2019

True economic value begins in the minds of individuals, and only individuals can predict, plan, and act in the marketplace.

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Why The Next ECB Stimulus Plan Will Also Fail

Global EconomyMoney and BanksMoney and Banking

Blog08/27/2019

The slowdown of the European economy is a disaster considering the enormous stimulus we are immersed in.

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