Mises Wire

It's Not a Problem When the Chinese Don't Spend Their Dollars Here

Money and BanksProtectionism and Free Trade

Blog11/16/2018

If the Chinese sell us stuff and then "hoard" the money we pay them, that increases the value of the dollars we continue to hold here in the US, while also leaving us with more stuff to sell elsewhere.

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In Federal Courts, the Worst Rise to the Top

Legal System

Blog11/09/2018

With far too much time and money on their hands, federal prosecutors have now turned private basketball agreements into a matter for federal criminal prosecution.

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Infant Mortality Is a Misleading Statistic for International Comparisons

Blog11/08/2018

For example: Nonviable babies who die quickly after birth are recorded as live births in the U.S., but are more likely to be classified as stillbirths in other countries.

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It Took Six Months to Split Czechoslovakia. Why Should Brexit Take Six Years?

Decentralization and SecessionWorld History

Blog11/06/2018

In a way, the separation of the Czechs and Slovaks was like Brexit and the UK’s 1980s privatizations combined, only a lot more complicated.

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In a Bubble Economy, Capital Goods Aren't Always a Good Thing

Blog11/02/2018

The more aggressive the central bank’s loose monetary stance is the more drainage of real wealth takes place and the less real wealth is left at the disposal of true wealth generators.

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It's Not All Trump: Congress Is a Disaster Too

Blog10/27/2018

Congress has no small part in the endless cycle of debt, spending, and rising bureaucratic power.

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Is the Fed's Leading Dove Aiming to Replace Jay Powell?

10/26/2018Power & Market

Neel Kashkari is urging the Fed’s home office to lighten up on the interest rate hikes already.  The President must be pleased.

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In Defense of Payday Lending

Free Markets

10/20/2018The Free Market
Banning or restricting payday lending primarily works to limit the choices and freedoms exercised by people with bad credit or low incomes.
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