Mises Wire

We Don't Need Any More Big, Visionary Government

Blog1 hour ago

American politicians used to "think big." Americans nowadays seem to have lost their enthusiasm for that sort of thing. And that's a good thing. 

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Statistics: Achilles' Heel of Government

Free MarketsInterventionism

6 hours agoMises Daily Articles
Without government stats, the state would be crippled in justifying its interventionism. If the government received no railroad statistics, for example, how in the world could it even start to regulate railroad rates, finances, and other affairs?
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Double Standards Are Rampant in Canada's Drug War

Blog6 hours ago

On both the left and the right in Canada, politicians are using the Drug War — and all the lives it needlessly ruins — to play political games that help only the politicians. 

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The Fed Has Given Up: Get Ready for More QE

Blog03/21/2019

The Fed has given up on "normalizing" monetary policy, and it's going to keep on with its ultra-low-interest-rate policy which has led to growing inequality while also failing to drive much growth.

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Classical Economics vs. The Exploitation Theory

World HistoryCalculation and KnowledgeCapital and Interest TheoryMonetary TheoryOther Schools of Thought

03/21/2019Mises Daily Articles
Not only is capitalism not a system of the exploitation of labor, but the real system of the exploitation of labor is socialism.
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Australia's Gun Laws and Homicide: Correlation Isn't Causation

Blog03/21/2019

Although Australia follows the same homicide trend as the US, Canada, and much of Europe, gun control advocates try to credit the improvement in Australia almost solely to a 1996 gun control law.

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Capitalism Turns Luxuries Into Necessities

Blog03/21/2019

Things like forks and washing machines start out as "luxury" items for the rich. But thanks to markets, these goods, over time, become more and more accessible to everyone.

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Central Banks Are Messing with Your Head

Blog03/21/2019

By tinkering with interest rates, central banks tinker with the way human beings see the present and the future, and their value systems overall.

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