Mises Wire

Venezuela's Bizarre System of Exchange Rates

Global EconomyMoney and BanksMoney and Banking

01/07/2016Mises Wire
Many people know that the Venezuelan economy is subject to byzantine price controls and other regulations. But on top of it all is a highly complex, bureaucratic, and damaging system of government-controlled monetary exchange rates.
Read More

Vote with Your Feet: Free States Are Happier and Richer

Taxes and SpendingU.S. EconomyPolitical Theory

09/17/2015Mises Wire
When we adjust for the cost of living, we find that more economically free states in the US are richer, happier, and endure less poverty than the high-tax highly regulated states. Consequently, many people continue to move from less-free states to more-free states.
Read More
Shield icon wire