Mises Wire

People respond to incentives. When governments change incentives, people respond in ways that produce unintended results.

Let’s just take it for granted that there needs to be a division of labor: some people covering fundamentals and others working on difficult inside

According to The Colu

My article How Intellectual Property Hampers

Here is an interesting article in the New York Times about t

Lots of great Fed propaganda posters here, from yesteryear

Turns out there is a second minimum wage — a minimum wage for the disabled (currently, the minimum is effectively zero).

At the same time the vested interests try to ratchet up and expand IP,

p>The picture below (from this Flickr feed) illustrat