Mises Wire

Price-Control Failures, Then and Now

World History

Blog08/29/2019

Price-control schemes have been failing for thousands of years. Now it looks like politicians in Washington are going to give price controls yet another try.

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Price Stability Is Overrated

Blog08/05/2019

Contrary to popular thinking, we do not need  the central bank to stabilize prices in order to promote economic prosperity. The central bank can neither know the "correct" level at which to stabilize prices, nor can it know the right way to do it.

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Plastic Bans: Imaginary Benefits, Real Costs

Big GovernmentThe Environment

Blog08/03/2019

Proposals to ban single-use plastics is yet another triumph of symbolism over substance. Unfortunately, while the benefits are largely illusory, the costs are quite real.

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Powell Is Giving Trump His Rate Cut, Here is Why It's a Mistake

The FedMoney and BanksU.S. EconomyMoney and Banking

Blog07/31/2019

With the economy growing at 2.1%, unemployment at 3.6%, creating 170,000 jobs per month, and estimated underlying core inflation of 2%, no objective data justifies cutting rates that are already artificially low.

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President's Impact Report — Second Quarter 2019

Blog07/19/2019

See what we've accomplished this quarter! We are proud of our students and events and keep improvement as a constant goal. Thank you to our Members who make all of this possible.

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Privatizing Public Lands Doesn't Mean Turning Them Into Shopping Centers

The Environment

Blog07/18/2019

Public lands already have value as nature preserves and tourist attractions. At the same time, the economic needs of ordinary human beings — which often require land development — shouldn't be ignored. 

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Privateers: An Example of Private-Sector Military Defense

The EntrepreneurU.S. HistoryWorld History

Blog07/10/2019

One of the most instructive of all examples from maritime history is that of privateering, that is, the employment of profit-seeking, private armed ships during wartime.

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Price Controls Make Life Miserable for New Yorkers

Bureaucracy and RegulationU.S. History

Blog07/05/2019

After many decades of rent control and other regulations, New York politicians still can't seem to figure out why housing is so expensive.

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