Mises Wire

Can Consumer Surveys Tell Us Where the Economy Is Headed?

Blog09/18/2018

If a large group of people express an opinion regarding future economic conditions, it does not make it more accurate than the view expressed by any particular individual.

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Capitalism Makes Us More Humane

U.S. HistoryWorld History

Blog09/18/2018

Why is it that starving Venezuelans are eating dogs while Americans are rescuing dogs from hurricanes?

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Credit Expansion Squanders Capital

Money and BanksMoney and Banking

Blog09/15/2018

As the credit expansion turns to bust, many capital goods remain unused, many investment processes cannot be completed, and capital goods produced are used in a manner not originally foreseen. A large portion of society’s scarce resources has been squandered.

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Central Banks Enrich a Select Few at the Expense of Many

Money and BanksMoney and Banking

Blog08/30/2018

Under an inflationary monetary scheme, big financial-sector players who get the new money first benefit the most. Ordinary households down the line then bear the brunt of price inflation.

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Consumerism: Don't Blame the Market for Delivering What People Want

Philosophy and MethodologySubjectivismValue and Exchange

Blog08/28/2018

Those who oppose "consumerism" contend it is wrong to give consumers what they want if they want the wrong things.

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Can Deflation Fix the Damage Done by Inflation?

Money and BanksMoney and Banking

Blog08/03/2018

Deflation can never repair the damage of a prior inflation. It would be like running someone over with a car, and then trying to fix the situation by backing up over the person again.

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Can Government Make a Business Work "For The Good of Society"?

Big GovernmentLegal System

Blog07/31/2018

Rulings and regulations that force companies to keep unprofitable businesses operating "for the public good," are really a net loss for the public good.

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Can France Really Welcome All the World's Poor?

Cronyism and CorporatismLabor and WagesPoverty

Blog07/30/2018

The dominant immigration narrative in France ignores the importance of free trade, freedom in employment, and the importance of voluntary charity.

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