Five Reasons for the Weakness of the Argentine Economy
It is not easy to change the failed policies of the Kirchner era without recognizing the enormous monetary and fiscal hole created by the previous administration.
Mises Wire
Billionaires Aren’t Quite As Rich as We Think They Are
If the Wal-Mart CEO were to take a $1 salary and the company were to spread that over each of the company's workers, each worker would receive a one-time bonus of $10.
Unlike Real Insurance, Social Security “Insurance” Creates Greater Risk for the Future
Social Security acts as a sort of "reverse insurance," doling out money now, leaving less for the future.
Why One Corporation Can Dictate Measles Policy in America
The way vaccines are packaged and distributed is often driven primarily by politics and government regulation — and not by medical concerns.
The Scaremongers Are Wrong about Robots and AI
Even if a machine were technically capable of providing the same service more cheaply, many consumers are likely to prefer human staff in many cases, including nurses and care providers, entertainers, chefs, and teachers.
In Spain’s Elections, the Left Wins, but the Economy Loses
The center-left in Spain survived last weeks elections. Whether the economy can survive the left's tax addiction remains to be seen.
Can Central Banks Avoid Booms and Busts with the “Right” Amount of Money Creation?
Central banks contend they can avoid booms and busts by increasing the money supply the "correct" amount. They are bound to fail.
Nicaragua: Latin America’s Other Socialist-Spawned Crisis
2018 was the year when, yet again, the socialist model proved its inability to generate benefits for a population
Mises Explains The Aggravating Role of Export Credit Agencies
Government injection of funds into trade finance prevents interest rates to rise, deepening malinvestments and precluding the readjustment of international trade after a crisis.
Against the Primacy of Politics — Against the Overestimation of Majority Principle
The Swiss “Landsgemeinde” assembly provides some insight into how to create a less-bad form of political power. But that's still worse than true self-determination.
