Mises Wire

Apartment Investment Syndication: A Predictably Unraveling Scheme, Thanks to the Fed

Booms and BustsEconomic PolicyU.S. EconomyBusiness Cycles

Blog2 hours ago

Thanks to Federal Reserve intervention, apartments and apartment buildings have turned into giant malinvestments. Once again, a federal entity intervenes in markets presumably to make them work better, but things end in a crisis.

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A Rising Stock Market Does Not Drive Economic Growth

Booms and BustsThe FedFinancial MarketsMonetary Policy

Blog12/07/2023

The common belief is that increases in the stock market drive overall economic growth. Expansionary monetary policies, however, are responsible for driving up stock prices even as they simultaneously damage the economy.

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A Chance to Double Your Gift!

Blog12/01/2023

Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match donations received through December 11. He's ready to match your gift today!

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As the US Treasury Runs Out of Creditors, Its Options Dwindle

The FedMonetary PolicyTaxes and SpendingU.S. History

Blog11/29/2023

With US government debt skyrocketing past $33 trillion and possible recession looming, the Treasury faces the prospect of running out of suckers. Finding buyers for US debt will become much more difficult.

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Arkansas' Attack on Chinese-Owned Property Is Reckless and Crony-Driven

Cronyism and CorporatismPoliticsWar and Foreign Policy

Blog11/28/2023

Arkansas Gov. Sarah Huckabee Sanders is forcing a Chinese firm to sell its Arkansas land holdings in the name of “national security.” The order is economically destructive and serves no useful purpose.

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After Ukraine, Realpolitik Will Be the New Interventionist Status Quo

Big GovernmentU.S. HistoryWar and Foreign PolicyWorld History

Blog11/27/2023

Between war weariness and the inability of the US government to pay war bills, reality is going to come to the fore even if Washington doesn't like it.

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Are Businesses Entitled to a Fair Profit?

Corporate WelfareCronyism and CorporatismEconomic Policy

Blog11/23/2023

One of the cliches of the New Deal was that businesses were entitled to a “fair” profit. Leonard Read astutely pointed out that profits (and losses) have nothing to do with “fairness.”

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America the Obese: How Taxpayers Are Forced to Ruin Their Health

Corporate WelfareEconomic PolicyProtectionism and Free TradeU.S. History

Blog11/18/2023

Since the original sugar tariff of 1789, US government policy has been to subsidize sugar, a policy that has led to serious consequences, including a health crisis of obesity.

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