The Failure of the Welfare State: The Case of Argentina and Brazil
The crisis-ridden welfare states of South America show us that the fabled "third way" to economic prosperity is not quite the cure-all we're told it is.
Mises Wire
How Government Regulations Mean Fewer Doctors
Governments fund and regulates the overwhelming majority of post-med-school residencies. Not surprisingly, there is now a shortage in residency positions. And government refuses to allow for greater freedom in licensing foreign doctors.
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Greta Thunberg To Poor Countries: Drop Dead
It appears many Indians and Brazilians and Chinese are willing to risk the global warming for a chance at experiencing even a small piece of what wealthy first-world climate activists have been enjoying all their lives.
Do We Need More Savings Before We Can Have More Lending?
In a true market — i.e., without a central bank — banks are intermediaries of real savings in their lending activities, thus promoting genuine and real economic growth.
Why Does a Yield-Curve Inversion Suggest a Recession?
Why do yield-curve inversions so often suggest a recession is on the horizon? Understanding malinvestment and bubble economics can help.
In the Battle of Ideas, the Mises Institute Leads the Way
Mises did not just proclaim to the masses that civilization was in danger. Rather, Mises dedicated his entire life to educating his fellow man about sound economics and its importance to freedom and liberalism.
Europe’s Economy Is Stagnating, Environmentalist Policies Are Big Reason Why
Europe is seeing the dangers of allowing demagogy to dictate energy policy.
There Are Two Sides to Every Trade. And Both Sides Benefit.
In a globalized world, nearly every product or service relies on products and services from somewhere else.
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