A Higher Minimum Wage Won’t Improve Life in Pennsylvania
Forcing the minimum wage above the real market wage causes more unemployment. Small businesses suffer from these mandates as do the least productive workers.
Mises Wire
The American Revolutionaries Didn’t Need a Central Government. Neither Do We.
Rothbard on the American Revolution: "There was no particular need for the formal trappings and permanent investing of a centralized government, even for victory in war."
Why Employers and Families—Not Bureaucrats—Should Be In Charge of Immigration Policy
An immigration system based on sponsorship, bonding, and a reduction in the use of public resources would allow the private sector to play a bigger role in which immigrants come here, and which ones stay.
The Most Exciting Moments from Monday of Mises U
This year we're sharing Mises U students' perspectives as they go through the program. Here's what they had to say after the first day of lectures.
Can Fractional Reserve Banking Survive the Twenty-First Century?
Banker and financial expert Caitlin Long believes that fractional reserve banking is closer than ever to collapse, and she has a 100 percent reserve banking solution in progress.
Price Inflation Slowed to 3 Percent. That’s Still Far Too High.
Three percent annual price inflation for ten years is a loss of purchasing power of 34 percent in what is already a disastrous inflationary environment. This is not "victory over price inflation."
What Has Mises U Students Most Excited about the Week?
Mises U students share what they most look forward to during the "best week of the year."
FedNow Isn’t a CBDC, but It Is Dangerous
While FedNow seems benign, there is the larger problem of the entire banking system itself being built on a foundation of sand. FedNow can only make that problem worse.
Modern Socialism Is Forced Socialization
Modern socialism is based upon state interference in normal human relationships, economic and otherwise. It is as disastrous as the older state-planning model.
Why “Classical” Liberals Want Decentralization
"In all matters of government the State tolerates no intermediate agent between itself and the people, and in general business it directs the people by its own immediate influence."
