“Price Stability” Is a Trick — It Actually Ruins Wealth
The Fed's policy of price stability, as in the 1920s, may catch economists again unaware of the damage inflicted by this policy.
Mises Wire
Can Government Make a Business Work “For The Good of Society”?
Rulings and regulations that force companies to keep unprofitable businesses operating "for the public good," are really a net loss for the public good.
QJAE 21, No. 1 Now Online
The new issue of the Quarterly Journal of Austrian Economics is now available online.
Don’t Mix Politics and Entrepreneurship
Entrepreneurship can be both productive and unproductive — and even destructive — depending on the effects of public policy.
Can France Really Welcome All the World’s Poor?
The dominant immigration narrative in France ignores the importance of free trade, freedom in employment, and the importance of voluntary charity.
British Left Unveils Plan to “Weaponize” the Bank of England
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
The Plastic Straw Ban: Enforced With Violence
Every government law, regulation, or ordinance must ultimately meet noncompliance with jail cells and government agents with guns.
The Incentives of the Minimum Wage
We should stop asking if workers deserve a “living wage” and start asking if the minimum wage actually helps workers obtain one.
The Deep State’s Absorption of Donald Trump
The deep state’s absorption of Donald Trump is just one more confirmation of what our ancestors and Eisenhower, Kennedy, and Truman were warning us against.
Expect More Instability, Corruption, and Crime from Mexico’s AMLO
What does this sea-change in the political landscape mean for Mexico?
