Mises Wire

The effort to extend the scope of practice of nurse practitioners and physician assistants worries many doctors, who are concerned that patients are getting short-changed in the process. Are these concerns simply motivated by protectionist interests? Dr. Rebekah Bernard discusses this massive push.

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Murray Rothbard and the Deflation Bogey

Booms and BustsThe FedFinancial MarketsMonetary Theory

10/14/2017Mises Daily ArticlesWilliam L. Anderson

Contra the "experts," the economy really needs a strong bout of deflation to eradicate malinvestments and to permit the economy to have a real recovery.

Chilean Protesters Could End Chile's Decades of Progress

José Niño

The history of Latin America is filled with tragic stories of countries reaching great heights — Argentina and Venezuela come to mind — and then falling back to mediocrity. Chile could be next if the protesters get their way.

Why Central Banks Aren't Really Setting Interest Rates

Frank Shostak

Central banks can only distort and mask real interest rates with monetary policy. Interest rates are really set by each individual's time preference.

Socialism and the Green New Deal: Choose One

Richard M. Ebeling

Central planners cannot calculate the costs and benefits of environmental policy.

The Japanization of the European Union

Jesús Huerta de Soto

Japan's once-envied economy is now in shambles. The European economy, built on the same shaky tenets, is crumbling, too. Where to go from here?

When the Communists Abolished the Weekend

Ryan McMaken

By abolishing the weekend, the Soviets were in one move able to strike a blow against both families and religious institutions. All that was left was the state — and state-mandated labor.