Mises Wire

100% Banking and Its Advocates: A Brief History

Money and Banks

Blog10/23/2019

A return to a system of 100% bank reserves is anything but radical. It would be quite conservative, prudent, and sensible.

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What if the Majority Voted for “None of the Above”?

Political Theory

Blog10/18/2019

Allowing a space on the ballot for "none of the above" would be a step in the right direction toward a slightly less farcical political system.

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City Hall Forbids Developer from Giving Consumers What They Want

Bureaucracy and Regulation

Blog10/15/2019

Local governments think the key to "smart" downtown development is to restrict parking, and force people to take a bus. In reality, people just decide to avoid downtown, thwarting efforts at development.

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Can Spain Handle a Global Crisis?

Financial MarketsGlobal Economy

There seems to be an increasing consensus that a global recession is coming soon. The good news is that the Spanish private sector is much better prepared than it was in 2007.

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A Flawed History of Doom

Booms and Busts

Blog09/30/2019

Richard Vague's new book on financial crises repeats many old myths about economic booms, while failing to understand the role of malinvestment and central banks.

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Politicians Have It Backwards, China Has Decreased Its Manipulation of the Yuan. That's Why It's Depreciating.

Global EconomyMoney and BanksMoney and Banking

The depreciation of the yuan since 2014 is more of a response to market movements than a planned devaluation to gain competitiveness illegitimately.

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The False Promise of Canada's Health Care System

Health

Blog09/20/2019

In Canada, it is estimated that between 25,456 and 63,090 Canadian women may have died as a result of increased wait times between 1993 and 2009.

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A More Sane Alternative to Government Prisons

Legal System

Blog09/06/2019

A truly effective criminal justice system would be built on restitution, not imprisonment and punishment. Moreover, government-funded prisons have no incentive to rehabilitate prisons since they receive funding regardless of outcomes.

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