Mises Wire

So Many Cars: Why American Life Expectancy Falls Short

Health

Blog09/25/2018

Those who think "more socialized medicine" is the key ingredient in higher life expectancy in the US miss some very important facts about American life. 

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Review: How Economics Professors Can Stop Failing Us

Education

09/25/2018Quarterly Journal of Austrian Economics
Payson argues that a good first step would be for the profession to adopt a code of professional ethics that promotes scientific integrity and the objectivity, reproducibility, and transparency of research in economics.
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GDP Growth Is Not the Same Thing as Real Economic Growth

Money and BanksMoney and Banking

Blog09/25/2018

A strong GDP growth rate, in most cases, is likely to be associated with the intensive squandering of the pool of real wealth.

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Romanticizing Reagan

U.S. EconomyU.S. History

Blog09/25/2018

Reagan's rhetoric on freedom and free markets was excellent. The policies he supported as president weren't nearly as great.

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Why No Crisis Erupts When Real Saving Backs Up New Investment

Money and BanksMoney and Banking

Blog09/24/2018

Expansions in credit and investment are only a problem when they result from inflationary monetary policy, and not from real saving.

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Bernie Sanders Might Learn Something from Venezuela's Minimum Wage Experiment

Bureaucracy and RegulationMoney and BanksMoney and Banking

Blog09/24/2018

Rothbard: "if proponents of the higher minimum wage were simply wrongheaded people of good will, they would not stop at $3 or $4 an hour, but indeed would pursue their dimwit logic into the stratosphere."

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Jesus Would Have Voted Socialist, says Germany’s Left

Blog09/24/2018

Given that socialism is based primarily on theft and envy, it seems odd to claim that Jesus is a big fan of a socialist state.

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Richard Cantillon: An Introduction

Capital and Interest TheoryOther Schools of ThoughtPhilosophy and Methodology

09/22/2018The Journal of Libertarian Studies
Jevons called Cantillon's Essai the "Cradle of Political Economy." It was one of the few books quoted by Adam Smith and it deserves reading by any serious thinker of political economy today.
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