Mises Wire

Despite Big Budgets, Police Are Catching Very Few Real Criminals

Legal System

Blog10/02/2020

At best, police data shows four in ten murders in America are never resolved and no suspect is convicted. Lesser crimes have even fewer resolutions. And if we look more closely, things look even worse.

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The Fed and the Housing Bubble/Bust

Booms and BustsThe FedU.S. History

Blog10/01/2020

By flooding the market with cheap credit, Alan Greenspan pushed interest rates (including mortgage rates) down to artificially low levels. This caused the bubble in house prices and misallocated too many real resources to the housing sector.

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Rising Homicides This Year May Be Yet Another Side Effect of Covid Lockdowns

Blog09/30/2020

Homicides were flat through 2019. Then spring 2020 arrived, and with it a wave of homicides in many American cities. Could the social and economic effects of lockdowns be the cause?

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Why "Taxing the Rich" Doesn't Make Us Better Off

Blog09/28/2020

Because the rich generally save and invest more of their income than the less wealthy, they are the primary builders of the pool of available capital. Taxing away their incomes means less capital for everyone.

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Abenomics: Big Debts with Nothing to Show for It

Financial MarketsMonetary PolicyWorld History

Blog09/24/2020

Japan's government is now addicted to easy money Abenomics. With Abe now gone, the next leader might tinker around with altered approaches, but it will be more of the same.

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Three Barriers to Improving Poverty Rates in America

Poverty

Blog09/24/2020

Government policy encourages single parent household formation while discouraging full-time employment and driving up housing costs.

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What Is Conservatism?

Blog09/24/2020

Although many Americans often conflate the two ideologies, conservatism and (classical) liberalism are historically quite distinct. Indeed, conservatism has long been explicitly hostile to both capitalism and classical liberalism.

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