Mises Wire

The Late Great State of California

U.S. Economy

Blog10/18/2019

California is now the most taxed and regulated state in the nation. Not surprisingly, life here is becoming less affordable, and less profitable.

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The Influence and Origins of FDR

U.S. HistoryInterventionismOther Schools of Thought

10/17/2019Mises Daily Articles
Roosevelt stands for the national government as we know it today: a vast, unfathomable bureaucratic apparatus.
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The Pre-Marriage Blood Test In America Is Now Gone

This year, Montana became the last state to completely abolish Progressive-Era blood tests as a requirement for a marriage license.

10/17/2019Power & Market
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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.
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The Difference Between Ecology and Economics

The Environment

Blog10/15/2019

Environmentalists rightly point out it is very difficult to manage a complex ecosystem. But they conveniently ignore the fact it's even more difficult to manage an economic system — especially one thrown into disarray by environmental regulations.

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The Mythology of the "Natural Interest Rate"

Money and BanksMoney and Banking

Blog10/14/2019

Central bankers are claiming that a global savings glut is driving down the "natural" interest rate to negative levels. They're wrong.

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The World's Least-Free Countries Reveal Just How Much "Socialism Sucks"

Blog10/12/2019

When socialists held up Venezuela in the 2000s, the message was, ‘See, we told you so; socialism works!’ but when failure happened, the message changed to, “No, wait — that’s not real socialism!’

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The Ghosts of Failed Banks Have Returned

Financial MarketsGlobal Economy

Blog10/12/2019

A new banking crisis is not only in the making, for which the repo problem serves as an early warning, but it could escalate quite rapidly.

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