Mises Wire

Rent Control Is Bad for Renters, but Good for Politicians

Free MarketsPrice Controls

Blog09/26/2020

Rent control in Ontario has restricted the supply of housing while lowering the quality of available units.

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Taxation and Theft, Viking Style

Taxes and SpendingWorld HistoryPolitical Theory

Blog09/26/2020

When Vikings robbed their victims, they often called the booty gjald (debt) as if the stolen goods were repayment for a service provided by the robbers.

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Soviet Terror Was the Natural Evolution of Marx's Communism

SocialismWorld History

Blog09/26/2020

Thomas Sowell has explained that while "Marx may have explicitly advocated the idea of a democratic workers’ government, his own personal style was dictatorial, manipulative, and intolerant."

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The Cure for Inflation

Blog09/25/2020

Although huge government expenditures are not in themselves inflationary, a large deficit is almost certain to be financed by inflationary means—by directly or indirectly printing more money.

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Mises and Moral Relativism

Philosophy and MethodologySubjectivism

Blog09/25/2020

Mises thought that social cooperation through the free market resulted in peace and prosperity, regardless of whether people or societies accepted this or not.

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Should Investors Focus on Risk Rather Than Profit?

Financial Markets

Blog09/25/2020

The stock market does not have a life of its own. In a relatively free economy, success or failure of investment in stocks depends ultimately on the same factors that determine success or failure of any business.  

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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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Can Governments Really Make the Workplace Safer?

Bureaucracy and Regulation

Blog09/24/2020

What bureaucrats call "safety" often just means lower wages and more unemployment. This hardly provides workers with a safer and more secure life overall.

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