Mises Wire

Mathematical economics is fraying at both ends.

This year marks the 25th anniversary of the 1990 Americans with Disabilities Act.

Many are debating the nature of the state’s role in marriage, but the state has never been a friend to marriage of any kind, and has done much to undermine marriage’s economic and social benefits while substituting the state for family institutions.

Our guest this weekend is Jim Rickards, the author of the New York Times bestseller The Death of Money and a well-known expert in geopolitics and global capital.

Our method of calculating GDP growth is hopelessly flawed, and is more likely determined largely by the growth of the money supply in the economy. So as the Fed pumps more, the economy appears to grow also.

It was another volatile week for stocks, Canada slipped into recession, and we’re left wondering if central banks will let interest rates rise in the face of a weakened global economy.

A “living wage” is a function not just of wages, but also the cost of living. So why aren’t living-wage advocates picketing grocery stores, home sellers, and gas stations demanding they slash prices? Why are employers solely responsible for making everything affordable?

Here’s are the Top Ten most-read articles for August.

Economics is not a popular topic among the general population. When economics is discussed at all, it’s in the context of politics — and politics gives us only the blandest, safest, most meaningless platitudes about economic affairs. The 2016 campaigns will be no different.