Our Republic’s First Economist
With printing of the Continental notes in 1775, Webster feared people would think you could finance the Revolutionary War by printing paper money. We should have listened!
Mises Wire
How to Manipulate People with Interest Rates
It is not possible to generate something out of nothing as suggested by Keynes and his many followers.
Around the World, We See the The Link Between Economic Liberty and National Prosperity
No matter if its Asia, Europe, Africa, or the Americas, the link between economic liberty and economic growth is undeniable.
Liberalism and “Classical Liberalism” — An Unfortunate Evolution
"Liberalism" has always been the proper name of the ideology of freedom and free markets. But almost from the beginning, illiberal theorists claimed the name for themselves.
How US Sugar Subsidies Bring a Red Tide of Algae to Florida’s Shores
A combination of federal sugar subsidies, federal regulations on pollution, and federal control of Lake Okeechobee (a giant lake in southern Florida) runoff guidelines has created a recipe for disaster.
The Problem with Historical Illustrations of Free-Banking Systems
Historical experience does not appear to support the thesis of modern fractional-reserve free-banking theorists.
Why the Quota System Is One of the Worst Ways of Regulating Immigration
Historically, US immigration policy limited rejection and deportation to those deemed to be either criminals or incapable of supporting themselves economically. The modern quota system takes a far more arbitrary approach.
Why Scandinavia Isn’t Exceptional
“Between 1950 and 2000, the Swedish population grew from seven to almost nine million. But astonishingly the net job creation in the private sector was close to zero.”
British Manufacturing Slumps as Bank of England Raises Interest Rates
"Higher order" industries like manufacturing and mining are particularly sensitive to changes in interest rates. And it doesn't look like anything's different this time around.
Does a Fall in Unemployment Lead to Stronger Economic Growth?
Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.
