Mises Wire

India Takes Small Steps toward Economic Freedom with New Agrarian Reforms

Bureaucracy and RegulationFree MarketsPrice Controls

Blog10/15/2020

India's parliament has recently passed new reforms to its long-standing interventionist regime which limits farmers' ability to buy and sell goods. These reforms are badly needed.

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If We Want to Increase Demand in the Market, We Must First Increase Production

Production Theory

Blog10/05/2020

An individual’s demand is constrained by his production of goods. The more goods an individual produces, the more of other goods he can secure for himself.

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In Times of Crisis, We Need Freedom More Than Ever

Blog05/15/2020

Determining which businesses shall be open and how many people shall be allowed to gather is just another form of central planning. And central planning schemes have never ended well.

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In Defense of Landlords

CapitalismLabor and Wages

Blog05/04/2020

Landlords invest their stored labor—savings—at a risk and with the knowledge that they won't recoup it for some time. In creating or renovating rental properties, they aid those who can't store their labor yet—tenants and laborers.

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If People Can't Be Trusted with Market Freedom, They Also Can't Be Trusted with the Vote

Interventionism

Blog10/17/2019

Behavioral economists say that since individuals are irrational, we need more state intervention in the economy. However, their criticism can be turned around: if individuals are irrational, government power is especially dangerous.

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Increasing Demand Won't Make the Economy Grow

Money and BanksMoney and Banking

Blog01/11/2019

There is no such a thing as insufficient demand as such. An individual’s demand is constrained by his or her ability to produce goods.

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In a Bubble Economy, Capital Goods Aren't Always a Good Thing

Blog11/02/2018

The more aggressive the central bank’s loose monetary stance is the more drainage of real wealth takes place and the less real wealth is left at the disposal of true wealth generators.

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Is Technological Know-How the Key to Economic Growth?

Blog10/16/2018

To obtain more economic growth, what is needed is a supply of saved capital to put the advanced technological methods into effect.

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