Mises Wire

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.

Read More

The Fairness of "Unequal" Exchange

Free MarketsPricesValue and Exchange

10/16/2019Mises Daily Articles
When an elected official or government bureaucrat interferes with a valid, non-coerced exchange, they may appear to be helping one individual when they are actually harming a foundation of modern society; free exchange of goods and services.
Read More

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.

Read More

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.

Read More

Greece Never Really Recovered from Its Financial Crisis

Greece will have to do a lot to change from its high-tax, high-regulation status quo in order to improve an economy that has stagnated since 2008.

10/03/2019Power & Market
Read More

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.

Read More

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.

Read More

Government Property Is Not Really "Public" Property

Big GovernmentFinancial MarketsCalculation and Knowledge

09/25/2019The Free Market
As I learned growing up in Allegheny County, the sign that reads, "Keep out, Property of Allegheny County," does not refer only to those who live outside the county.
Read More
Shield icon audience