Mises Wire

City Hall Forbids Developer from Giving Consumers What They Want

Bureaucracy and Regulation

Blog10 hours ago

Local governments think the key to "smart" downtown development is to restrict parking, and force people to take a bus. In reality, people just decide to avoid downtown, thwarting efforts at development.

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Can Spain Handle a Global Crisis?

Financial MarketsGlobal Economy

There seems to be an increasing consensus that a global recession is coming soon. The good news is that the Spanish private sector is much better prepared than it was in 2007.

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Greece Never Really Recovered from Its Financial Crisis

Greece will have to do a lot to change from its high-tax, high-regulation status quo in order to improve an economy that has stagnated since 2008.

10/03/2019Power & Market
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A Flawed History of Doom

Booms and Busts

Blog09/30/2019

Richard Vague's new book on financial crises repeats many old myths about economic booms, while failing to understand the role of malinvestment and central banks.

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Politicians Have It Backwards, China Has Decreased Its Manipulation of the Yuan. That's Why It's Depreciating.

Global EconomyMoney and BanksMoney and Banking

The depreciation of the yuan since 2014 is more of a response to market movements than a planned devaluation to gain competitiveness illegitimately.

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Government Property Is Not Really "Public" Property

Big GovernmentFinancial MarketsCalculation and Knowledge

09/25/2019The Free Market
As I learned growing up in Allegheny County, the sign that reads, "Keep out, Property of Allegheny County," does not refer only to those who live outside the county.
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The False Promise of Canada's Health Care System

Health

Blog09/20/2019

In Canada, it is estimated that between 25,456 and 63,090 Canadian women may have died as a result of increased wait times between 1993 and 2009.

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A More Sane Alternative to Government Prisons

Legal System

Blog09/06/2019

A truly effective criminal justice system would be built on restitution, not imprisonment and punishment. Moreover, government-funded prisons have no incentive to rehabilitate prisons since they receive funding regardless of outcomes.

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