Mises Wire

If Senator Sanders was truly concerned with protecting the most vulnerable in society, he would be a leading advocate for repealing the minimum wage.

Interviewed by Albert Lu, Mark Thornton breaks down NASDAQ’s recent 5000-mark performance, including what’s behind the movement and what it reveals about the possibility of a biotech bubble in our economy. He also discusses the existence of other ongoing bubbles and what we can expect to happen. Dr. Thornton frames his analysis using the Austrian theory of business cycle.

In my recent article on net neutrality, I explained that more FCC control of the internet merely invites more control from powerful interest groups. Now, we know more about which interest groups are presently exercising power since, as The Daily Caller notes, the FCC regs favorably cite the anti-free-market left-wing Soros-funded group "Free Press" 62 times. 

  The Austrian Economics Research Conference began this morning. Here are some first photos. 

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Mises Daily Thursday by David Gordon: 

George Kateb's new book, Lincoln's Political Thought , is an important addition to Lincoln scholarship. Kateb appears to understand that Lincoln was more of a nationalist than a moral crusader, although Kateb's conclusions about the Civil War inspire skepticism.

Recently in the Wall Street Journal,

There’s an interesting story in the news

Mises Daily Wednesday by Brendan Brown 

Milton Friedman once compared monetary stimulus to daylight saving time. But while daylight saving has an ending date, current monetary stimulus has no end in sight, and we’re just moving the clock ahead repeatedly without ever moving it back.

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