Mises Wire

Restitution-Based Criminal Justice in Japan

Legal System

Blog09/20/2019

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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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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Rick Perry — and His Critics — Still Don't Understand Say's Law

Free MarketsProduction Theory

Blog07/10/2017
How do you do away with a “Law” that had been core to economists’ understanding of the market economy for 150 years? You misrepresent it.
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Raiders Move to Vegas Gives Taxpayers Reason to Boo, Players Reason to Cheer

Taxes and Spending

Blog03/28/2017
The NFL is coming to Vegas. This means higher hotel taxes for tourists, but lower tax rates for players.
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Ryancare is Failing — What Should Happen Next?

Free MarketsHealthU.S. Economy

Blog03/23/2017
The market is creating its own solutions to Obamacare. The focus should be protecting it from further government control.
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