Mises Wire

Where's the Inflation? It's in Stocks, Real Estate, and Higher Ed

Blog12/16/2019

Price inflation is probably down in energy, food, and apparel. But asset price inflation in stocks and real estate is significant.  This means high rents and high home prices for ordinary people. 

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When the Communists Abolished the Weekend

Labor and WagesWorld History

Blog12/09/2019

By abolishing the weekend, the Soviets were in one move able to strike a blow against both families and religious institutions. All that was left was the state — and state-mandated labor.

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We Don't Need Sunday "Blue Laws"

Media and CultureU.S. History

Blog12/05/2019

Advocates for "blue laws" want to impose more laws on shopkeepers. These moral crusaders should instead start by setting a good example, and stop watching football games, ordering pizzas, or filling up on gas on Sunday.

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WeWork's IPO Disaster and the Problem of Easy Money

The EntrepreneurFinancial Markets

Blog11/18/2019

When operating in an easy money regime, finding investments capable of providing reasonable returns becomes difficult to near impossible. Low risk vehicles are bid down to near-zero returns, pushing investors into ever riskier vehicles to generate enough return to cover objectives.

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What We Can Learn from Indian Tribes on Immigration

Decentralization and SecessionU.S. History

Blog10/15/2019

If we grant that Indian tribes ought to be able to restrict membership (i.e., naturalization) for their own groups, on what principle can this be denied to other groups?

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When Conservatives Denounced Freedom as "Unpatriotic"

Blog10/14/2019

Conservatives tell us that we must move beyond the idea of allowing people to trade freely in the marketplace. "Patriotism" is the true measure of economic policy, and that requires higher taxes, more government spending, and a powerful state.

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Wilhelm Roepke, RIP

BiographiesHistory of the Austrian School of Economics

Blog10/10/2019

In the midst of moral and intellectual decay, Roepke was an inflexible harbinger of the return to reason, honesty and sound political practice.

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Why the Government Can't Measure Income, Happiness, or Well-Being

Calculation and Knowledge

Blog09/17/2019

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.

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