Mises Wire

Restitution-Based Criminal Justice in Japan

Legal System

Blog3 hours ago

What makes restitution work well in Japan is that private individuals and groups are much more responsible for controlling crime.

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Rent Control: A History of Failure

Bureaucracy and Regulation

Blog09/19/2019

Rent controls are a recipe for less housing, and unaffordable rents. At least for most people.

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Returns, Refunds, and Opportunity Cost

The EntrepreneurEntrepreneurship

Blog06/28/2019

A business owner who cannot understand why a customer is not happy — or even very disappointed — with getting a full refund for a faulty product has failed to grasp some very fundamental economic concepts.

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Review: Capitalism in America: A History

U.S. History

06/25/2019Quarterly Journal of Austrian Economics
Joakim Book reviews Greenspan and Wooldridge's 'Capitalism in America .' What could go wrong with a book from a former Fed chairman? Quite a lot!
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Restitution in Theory and Practice

Free MarketsLegal SystemPhilosophy and Methodology

04/19/2019The Journal of Libertarian Studies
State-centered ideas around crime focus on imprisonment and punishment. But a restitution-centered model would be much better for victims.
Formats

12_1_4_0.pdf

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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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Render Unto Caesar: A Most Misunderstood New Testament Passage

World History

Blog07/03/2018

Jesus's instruction to "render unto Caesar" is an example of subtle sedition against the Roman state — and not a command to pay taxes.

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Rather than Paying Down Debt in Good Times, Spain Is Now Spending Even More

Blog06/27/2018

Now is the time for the Spanish government to reduce its massive debt. When the next recession hits, it will be too late.

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