Mises Wire

Stimulus Brings Stagnation: The Case of Japan

Blog3 hours ago

Japan's "lost decade" turned into three decades as the scourge of non-stop monetary and fiscal stimulus brought seemingly endless economic stagnantion.

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Jeff Snider Explains the Repo Market Flare-Up, the Fed’s Phony Solution, and the Global Dollar Problem

The FedFinancial Markets

5 hours agoAudio/Video
Bob Murphy and Jeff Snider discuss the recent spike in lending rates in the repo markets, and how the Fed’s attempted solution fails to address the real problem.
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If People Can't Be Trusted with Market Freedom, They Also Can't Be Trusted with the Vote

Interventionism

Blog8 hours ago

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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The Fairness of "Unequal" Exchange

Free MarketsPricesValue and Exchange

10/16/2019Mises Daily Articles
When an elected official or government bureaucrat interferes with a valid, non-coerced exchange, they may appear to be helping one individual when they are actually harming a foundation of modern society; free exchange of goods and services.
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Why the State Can't Claim Our "Implied Consent"

Big Government

Blog10/16/2019

The given explanations for "implied consent" to government rule would never pass muster if applied to any private-sector organization.

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Bernie Sanders is a Bad Economist: Housing Market Edition

Blog10/16/2019

Bernie Sanders's proposed "House Fixing tax" would not only hurt flippers and their homebuying customers but also some landlords and tenants as well.

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New Nobel Winners Are Latest Bad Sign for Economic Theory

Philosophy and Methodology

Blog10/16/2019

The economist’s task is not to demonstrate (empirically) that x is associated with y, but to provide a causal explanation of how x affects y.

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Not All Indian Reservations Are Alike

The geographical isolation of a reservation, and the tribal commitment to investment in a casino, energy extraction, and other enterprises can have a sizable impact on the incomes of reservation residents.

10/16/2019Power & Market
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