Mises Wire

Rest Easy, Justin

06/27/2019Power & Market

Justin Raimondo, longtime editor of AntiWar.com and a great friend of the Mises Institute, has died.

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CNN Admits There Are Serious Problems with Central Banks' Low-Interest-Rate Policy

Money and Banks

Blog06/27/2019

There is reason to believe low-interest rate policy has lowered productivity, lessened economic growth, and favored large firms at the expense of small firms and innovation. Greater inequality and stagnating wealth has resulted.

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Review: Austerity: When It Works and When It Doesn’t

Taxes and Spending

06/27/2019Quarterly Journal of Austrian Economics
Mark Thornton reviews Alesina, Favero, and Giavazzi's book, which argues that austerity plans based on tax increases fare much worse than plans based on reducing expenditures.
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Is There a Limit to How Big a Corporation Can Get?

EntrepreneurshipMonopoly and Competition

Blog06/27/2019

Natural constraints on firm size are numerous, and in a truly free market, large firms would be constantly prone to being broken up and put out of business by competition. And all to often, huge firms become more long-lived due to government intervention.

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SCOTUS Is Right on the Census Citizenship Question, But For the Wrong Reasons

06/27/2019Power & Market

As it is, today's SCOTUS ruling has implications for partisan politics. But it does little to rein in the census bureau or return the decennial census to its originally intended purposes.

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Escaping Poverty — Not Inequality — Is What Matters

Poverty

Blog06/27/2019

Some people get richer faster than other people. But what really matters is increasing access to everyday necessities (and luxuries) for everyone.

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Japan's Lasting Stagnation Is Hidden Behind Government Statistics

Global EconomyBusiness Cycles

Creative design of statistics cannot solve the persistent crisis. The core of the problem lies in a misguided economic policy that zombifies the Japanese economy and thus undermines prosperity.

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