Mises Wire

Job Growth Doesn’t Mean We’re Getting Richer

Taxes and SpendingU.S. HistoryPrices

03/25/2016Mises Wire
In an unhampered economy, we would measure economic progress by a need for fewer work hours and fewer jobs. In our mixed economy, it's impossible to say whether more jobs reflect an improving or a worsening economy.
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Japan Gets Ready for More Military Spending

Taxes and SpendingU.S. EconomyWar and Foreign Policy

08/07/2015Mises Wire
The Japanese government has been working to increase both military spending and the military’s role beyond Japan’s borders. This has little to do with Japan asserting independence from Washington, and is more about a cash-strapped US wanting more money from Japanese taxpayers.
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