Mises Wire

What "Climate Justice" Really Means

Blog09/24/2019

"Climate justice" would bring with it mass unemployment and major economic distress. Activists ignore the true costs, while discounting market solutions.

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Why Housing Is More Affordable In Tokyo

Bureaucracy and Regulation

Blog09/20/2019

In a city with rapidly rising housing needs, there is really only one way to keep housing prices stable or falling: produce a lot of housing.

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What John Law Taught Us About the Perils of Printing Money

Money and Banks

Blog09/19/2019

To cause a truly disastrous boom and bust with far-fetching real consequences, you need to control the money supply.

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Walter Bagehot and the Problem of the "Lender of Last Resort"

Money and Banks

Blog09/19/2019

James Grant's new book Bagehot: The Life and Times of the Greatest Victorian, reveals there we can still learn a lot from the world that existed before our modern era of central banking.

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Why the Government Can't Measure Income, Happiness, or Well-Being

Calculation and Knowledge

Blog09/17/2019

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.

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Walmart's Healthcare Experiment Has Begun, It May Be A Game Changer

Free MarketsHealthU.S. Economy

Blog09/17/2019

Here we see two rival strategies to marketing healthcare services. The status quo is based on insurance payments and price secrecy. Walmart's strategy is based on price competition. 

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Why a Prominent Economist Abandoned His Support for Carbon Taxes

The EnvironmentTaxes and SpendingOther Schools of Thought

Blog09/10/2019

Activists who genuinely believe the world faces catastrophe should give serious consideration to David Henderson’s reasons for thinking a carbon tax might be a false “solution."

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Why Entrepreneurs Are Different

The Entrepreneur

Blog09/09/2019

Entrepreneurial action provides the fuel for the constant mining of consumer value. If entrepreneurs cease acting in this way, consumers will cease to see innovation and growing value in the marketplace.

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