Mises Wire

If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer

Labor and WagesTaxes and Spending

Blog09/28/2020

The best social policy is one that supports job creation and rising wages. Entitlements do not make a society more prosperous, and ultimately drive it to stagnation.

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Dude, Where's My Inflation?

Inflation

The Fed could certainly encourage more price inflation if it wanted to. But it seems the real goal is not steady inflation, but support for the financial sector.

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Rent Control Is Bad for Renters, but Good for Politicians

Free MarketsPrice Controls

Blog09/26/2020

Rent control in Ontario has restricted the supply of housing while lowering the quality of available units.

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Taxation and Theft, Viking Style

Taxes and SpendingWorld HistoryPolitical Theory

Blog09/26/2020

When Vikings robbed their victims, they often called the booty gjald (debt) as if the stolen goods were repayment for a service provided by the robbers.

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Soviet Terror Was the Natural Evolution of Marx's Communism

SocialismWorld History

Blog09/26/2020

Thomas Sowell has explained that while "Marx may have explicitly advocated the idea of a democratic workers’ government, his own personal style was dictatorial, manipulative, and intolerant."

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The Cure for Inflation

Blog09/25/2020

Although huge government expenditures are not in themselves inflationary, a large deficit is almost certain to be financed by inflationary means—by directly or indirectly printing more money.

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Mises and Moral Relativism

Philosophy and MethodologySubjectivism

Blog09/25/2020

Mises thought that social cooperation through the free market resulted in peace and prosperity, regardless of whether people or societies accepted this or not.

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Should Investors Focus on Risk Rather Than Profit?

Financial Markets

Blog09/25/2020

The stock market does not have a life of its own. In a relatively free economy, success or failure of investment in stocks depends ultimately on the same factors that determine success or failure of any business.  

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