Mises Wire

New Nobel Winners Are Latest Bad Sign for Economic Theory

Philosophy and Methodology

Blog10/16/2019

The economist’s task is not to demonstrate (empirically) that x is associated with y, but to provide a causal explanation of how x affects y.

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Not-So-Modern Monetary Theory

Money and Banks

Blog10/08/2019

MMT “is a mix of old and new, the old is correct and well understood, while the new is substantially wrong.”

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No, Capitalism Doesn’t Threaten Humanity

Big GovernmentThe EntrepreneurFree Markets

Blog10/04/2019

Anti-capitalist promoters of "climate justice" ignore all of the evidence of capitalism’s benefits staring us in the face.

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Not all PIIGS are Created Equal: A Comparison of Portugal and Ireland

Blog09/14/2019

The big differences between the economies of Ireland and Portugal illustrate how the eurozone's design just doesn't fit with modern economic realities.

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Negative Interest Rates and Financial Repression

Blog09/11/2019

These are the two major policies of financial repression currently in use: negative interest rates and quantitative easing.

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No Deal Brexit: What Will Actually Happen

Decentralization and SecessionGlobal EconomyLegal System

Blog08/22/2019

Let's set aside the politically tempting task of speculating about what might happen in the event of a No Deal Brexit, what can we say with certainty will happen?

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New Study Defending NYC’s Minimum Wage Law is Fake News

Free MarketsLabor and WagesU.S. Economy

Blog08/13/2019

Last week Business Insider referenced a study to defend NYC's minimum wage law. Neither holds up well upon any sort of serious analysis.

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