Mises Wire

The Hidden Tax in Central Banks' Low-Interest Policy

Money and BanksMoney and Banking

Blog08/28/2019

The tactics used by central banks don't just create bubbles or drive up prices. They actively destroy value and act as a tax on real producers in the economy.

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What Adam Smith Missed in His Understanding of the Division of Labor

The EntrepreneurFree MarketsOther Schools of Thought

Blog08/26/2019

Population growth and specialization are not enough to make economies grow. The key ingredient is entrepreneurship.

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Why Transaction Cost Analysis is Attractive, and Very Flawed

Other Schools of ThoughtPhilosophy and MethodologyPrices

Blog08/20/2019

Dressing up the history of the world, and its economic development, in terms of transaction costs is mostly not very helpful.

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New Study Defending NYC’s Minimum Wage Law is Fake News

Free MarketsLabor and WagesU.S. Economy

Blog08/13/2019

Last week Business Insider referenced a study to defend NYC's minimum wage law. Neither holds up well upon any sort of serious analysis.

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Per Bylund on the Entrepreneurial Opportunity of B2B versus B2C

The EntrepreneurStrategyEntrepreneurship

08/13/2019Audio/Video
What can practicing entrepreneurs learn from a reasoned analysis of the profit opportunities in Business-to-Business ventures compared to Business-to-Consumer ventures?
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Trump's Hypocrisy on Currency Manipulation

Blog08/12/2019

Trump seems to want a smaller trade deficit, and increased net capital flows into the U.S. at the same time. But he can’t have both.

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Why Mises Opposed a Global Government for Managing Trade

Global EconomyProtectionism and Free Trade

Blog08/12/2019

For Ludwig von Mises, international bureaucracies like the WTO devoted to enforcing "free trade" are not progress. They're simply another type of government planning.

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China’s Biggest Problem Isn’t Trump, It’s a Broken Banking System

Booms and BustsFinancial MarketsGlobal Economy

Blog08/06/2019

While much of the media remains focused on Trump and trade, the greatest threat to the Chinese economy may be reckoning with a massive financial bubble from within.

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