Mises Wire

Jefferson on the Family and Liberty

Media and CulturePhilosophy and Methodology

Blog08/14/2020

One of the standard criticisms of the free market point of view is that it treats individuals as isolated atoms who view other people only as means to the pursuit of their selfish ends. 

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Japan's Executive Pay Gap

Bureaucracy and RegulationLabor and Wages

Blog08/01/2020

The highly regulated, protectionist Japanese economy, and an overall collectivist culture, leaves little room for flexibility in executive pay. This makes Japanese businesses less competitive, and work life more miserable.

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Japan Has Avoided a COVID-19 Panic. But the Global Recession Will Hit Hard

Taxes and SpendingWorld History

Blog04/04/2020

Whatever happens with the virus, the real story, the real historical change, is probably economic. Abenomics—Japan's ultra-Keynesian experiment—seems to be dead.

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Japan’s Productivity Has Been Slashed By Government Meddling, Not Demographics

Bureaucracy and RegulationMonetary PolicyWorld History

Blog04/03/2020

The popular narrative is that demographics are driving Japan's declining worker productivity. But the real culprit is government regulations and a lack of entrepreneurship.

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Japanization: 30 Years of Failed Economic "Stimulus"

Labor and WagesMonetary PolicyWorld History

Real wages in Japan have been declining thanks to decades of expansionary monetary and fiscal policies. Now "Japanization" increasingly looks like a fate that awaits Europe.

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Joe Biden: Father of the Drug War's Asset Forfeiture Program

Blog03/06/2020

In 1983, Joe Biden sponsored legislation that gave federal agents nearly unlimited powers to seize assets from private citizens.

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John Rawls's Unfortunate Notions of the Nation-State

Philosophy and Methodology

Blog11/29/2019

John Rawls claimed "justice" demands governments use their power to benefit the least well off in a given society. But then he arbitrarily restricts the scope of these programs to particular nation-states. This betrays a fundamental problem with his idea of inequality.

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