Mises Wire

The Idea of Alternative Currencies Is Going Mainstream

The FedMoney and BanksMoney and Banking

Blog09/23/2019

The movement for alternative money is the result of the history of government monetary mismanagement.

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Restitution-Based Criminal Justice in Japan

Legal System

Blog09/20/2019

What makes restitution work well in Japan is that private individuals and groups are much more responsible for controlling crime.

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Why Housing Is More Affordable In Tokyo

Bureaucracy and Regulation

Blog09/20/2019

In a city with rapidly rising housing needs, there is really only one way to keep housing prices stable or falling: produce a lot of housing.

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Rent Control: A History of Failure

Bureaucracy and Regulation

Blog09/19/2019

Rent controls are a recipe for less housing, and unaffordable rents. At least for most people.

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What John Law Taught Us About the Perils of Printing Money

Money and Banks

Blog09/19/2019

To cause a truly disastrous boom and bust with far-fetching real consequences, you need to control the money supply.

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Don't Give Politicians Credit for a Growing Economy

U.S. Economy

Blog09/10/2019

When politicians say "you never had it so good" they're taking credit for something they didn't do. In truth, what economic prosperity we have is due to private savers and entrepreneurs making economic progress possible.

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The Hidden Tax in Central Banks' Low-Interest Policy

Money and BanksMoney and Banking

Blog08/28/2019

The tactics used by central banks don't just create bubbles or drive up prices. They actively destroy value and act as a tax on real producers in the economy.

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What Adam Smith Missed in His Understanding of the Division of Labor

The EntrepreneurFree MarketsOther Schools of Thought

Blog08/26/2019

Population growth and specialization are not enough to make economies grow. The key ingredient is entrepreneurship.

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