Mises Wire

It's Not a Problem When the Chinese Don't Spend Their Dollars Here

Money and BanksProtectionism and Free Trade

Blog11/16/2018

If the Chinese sell us stuff and then "hoard" the money we pay them, that increases the value of the dollars we continue to hold here in the US, while also leaving us with more stuff to sell elsewhere.

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If Imports Were Truly Bad for an Economy, Military Blockades Would Not Exist

Protectionism and Free Trade

Blog10/08/2018

If modern claims about the harm of free trade are true, then Lincoln must have been helping the Confederacy with his military blockade.

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Relative Prices Matter: Why Cost-of-Living Indexes Don't Tell Us Much

Value and Exchange

Blog09/26/2018

When people change cities, they are likely to change their consumption patterns — which means a simple cost-of-living index doesn't tell us what it should.

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A Tax on Imports Might as Well Be a Tax on Exports

Protectionism and Free TradeTaxes and Spending

Blog07/26/2018

The Constitutional ban on export duties has always been a hollow victory. Export tariffs are analytically equivalent to import tariffs.

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How a Free-Trade Zone Made the United States Great

Protectionism and Free Trade

Blog04/24/2018

The lack of trade barriers between the US states offers lessons for US trade relations with other countries.

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Kentucky Teachers Want a Taxpayer Bailout

Taxes and Spending

Blog04/19/2018

The success of the private sector precedes the ability to have any employment in the public sector at all. But teachers want the private sector to pay until it hurts. 

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End the War on Gambling

Big Government

Blog04/11/2018

March Madness is over. However, the federal prohibition against gambling on the basketball games continues.

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