Mises Wire

Rent Control and Minimum Wage Laws Harm Those Who Are Supposed to Benefit

Blog10/16/2018

Government policy often lumps together many people it shouldn't — assuming that everyone in the group labeled "poor" or "low-income" will all benefit equally. 

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Relative Prices Matter: Why Cost-of-Living Indexes Don't Tell Us Much

Value and Exchange

Blog09/26/2018

When people change cities, they are likely to change their consumption patterns — which means a simple cost-of-living index doesn't tell us what it should.

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Review: How Economics Professors Can Stop Failing Us

Education

09/25/2018Quarterly Journal of Austrian Economics
Many economists “essentially have no justification, or defensible reason, for what they are doing” and resent being asked to provide one.
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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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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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Ready for Some Good News?

Global Economy

Blog09/20/2018

We're clearly better off than our grandparents in many ways. But now we have to be sure not destroy the progress that's been made.

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Republicans Share the Blame for Socialism’s Comeback

Taxes and Spending

Blog09/17/2018

By accepting the premise that government can and should solve all of life’s problems, conservatives and Republicans will inevitably get into a “bidding war” with progressives and Democrats.

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