Capital Accumulation: The Way to Increase Wages
Real higher wages can't be created with a government fiat. Worker productivity must first be increased through greater investment.
Mises Wire
Japan’s Productivity Has Been Slashed By Government Meddling, Not Demographics
The popular narrative is that demographics are driving Japan's declining worker productivity. But the real culprit is government regulations and a lack of entrepreneurship.
Do the Textbooks Get Money and Banking Backwards?
Over the years a chorus of critics has alleged that the textbook view of how a central banks buys government debt in "open market operations" is backwards. They argue that in reality commercial banks take the lead in making loans without regard to their reserves.
Price Controls Mean Shortages, Even during Pandemics
Despite many attempts at doing so, governments have never been able to conjure up more goods and services through price controls and other regulations.
The Crisis Has Exposed the Damage Done by Government Regulations
The shortages and lack of flexibility caused by government red tape during the COVID-19 crisis has forced many governments to rethink their many arbitrary and unnecessary regulations.
How Easy Money Is Increasing the Devastation of the COVID-19 Panic
Central banks have created a brittle economy without real savings and without much room to maneuver. Central banks now want more of the same in a bid to fix what they broke.
Bureaucrats Can’t Fix This
Bureaucrats cannot conjure wealth from nothing. They only have what they extract from the private sector. Unfortunately, the bureaucrats are now starving the private sector of funding while making government budgets ever larger.
In a Crisis, the Most Innovative Entrepreneurs Make the Most Money. That’s a Good Thing.
It is precisely during a crisis that private property, the price mechanism, and the profit and loss system are most important, and when the government can do the most damage.
The Federal Government Owns 92 Percent of Student Loans. Why Do Politicians Lie About It?
The federal government must accompany any loan forgiveness with a repeal of all programs for subsidizing and guaranteeing loans. Anything less would be a formula for socializing higher education.
The Problem with the “Renters’ Rights” Movement
Both renters and landlords have plenty of troubles when it comes to working together. But putting government regulators in the mix won't help matters.
