The Economics of Virtue Signaling
"Virtue signaling" is not a new thing. In fact, society benefits from organizations that help communicate the virtues of its members. This facilitates trust in society, which then enhances commerce and trade.
Mises Wire
We’ll Need Property Rights in a World of Gene-Edited Humans
A respect for property rights will become all the more important in the age of "designer babies" and "gene editing."
Venezuela Didn’t Need High Oil Prices to Prosper before Chavismo
In the era of relative market freedom, many of Venezuela's best years were during times of low oil prices. Trying to blame Venezuelan socialism's failure on oil prices only highlights how fragile economies are without markets.
Buy More Luxury Gifts: It’s Good for Your Neighbors in Need
This Christmas, countless workers will profit when others spend freely on "unnecessary" luxury goods.
Private Religious Schools Have Long Been Targeted by Governments
Whether Christian or Jewish, public schools and their allies have long attempted to crush private religious schools.
Sweatshops Today, Decent Work Tomorrow
The ticket to the UN’s ideal of decent work is not regulation and legislation, but economic liberalization.
The ECB Creates Jobs for Central Bankers Instead of Safeguarding Financial Stability
Not surprisingly, policies adopted by central bankers often serve the interests of the central banks themselves.
Venezuela’s Crisis: What’s Oil Got to Do with It?
Oil prices did not cause the Venezuelan crisis. Nor can oil now be its cure.
The Problem with “Velocity of Money”
Contrary to popular thinking, the velocity of money is not a key factor in understanding price inflation.
Richard Cantillon, the Most Important Economist You’ve Never Heard Of
Our inflationary financial system benefits the wealthy at the expense of the poor.
