Mises Wire

Cuba Rations Food As Its Socialist Economy Enters Crisis Mode

Socialism

Blog06/11/2019

While many have been talking about Venezuela's food shortages,  Cuba is now implementing a rationing program to combat its very own socialism-induced shortages of basic goods.

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Bob Nails Krugman's Perverse Morality on Infrastructure Spending

Big GovernmentTaxes and SpendingU.S. Economy

06/10/2019Audio/Video
Bob Murphy discusses Krugman's shocking willingness to harm the country—as long as it denies Trump a political victory.
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Money Velocity and Economic Growth

Financial MarketsMoney and BanksMoney and Banking

Blog06/10/2019

Contrary to popular thinking, the velocity of money does not have a life of its own.

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Economics 101: More Wealth Means Less Poverty

06/10/2019Power & Market

Tweeting about poverty and wealth is quite instructive. It's obvious that many feel very strongly about it yet know so little.

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Boombustology: Can Mises and Minsky Help Investors Spot Bubbles?

Book ReviewsBooms and BustsFinancial Markets

Blog06/10/2019

Vikram Mansharamani’s second edition of Boombustology: Spotting Financial Bubbles Before They Burst has all the great insights from the first edition plus a foreword by James Grant.

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What Universities Won't Teach College Students About the Economics of Climate Change

Big GovernmentEducationThe Environment

Blog06/10/2019

The rhetorical framing of "climate change" is far removed from the underlying research. And the real-world costs of "doing something" are rarely considered.

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Do We Consent to Government by Refusing to Emigrate?

World HistoryPhilosophy and Methodology

Blog06/08/2019

John Locke was ridiculed for suggesting that people "consent" to their government by not emigrating. Hume suggested this theory could be used to claim consent for even the most outrageous tyrants.

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The ECB Continues to Incentivize Reckless Behavior

Global EconomyMoney and BanksMoney and Banking

Blog06/08/2019

Monetary policy has gone from being a tool to support fiscal reforms to an excuse for not implementing them.

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