Mises Wire
The Silicon Valley Gulag
In his new book Google Archipelago, Rectenwald asserts the Google Archipelago re-upping of Marx is not only practically Marxist, but conceptually and structurally so.
Teacher Unions Destroy School Accountability
The Clark County School District evaluated itself, and it determined that all the teachers and administrators are doing a great job — and by the way, the union deserves more money.
A History of Inflationary Money: From 1844 to Nixon
It is a huge mistake to call the repeating cycle of boom and bust a business cycle. That name implies the bust is the failure of markets and capitalism. But it is really due to monetary and credit inflation licensed and promoted by governments and central banks.
The Japanization of the European Union
Japan's once-envied economy is now in shambles. The European economy, built on the same shaky tenets, is crumbling, too. Where to go from here?
Why Central Banks Aren’t Really Setting Interest Rates
Central banks can only distort and mask real interest rates with monetary policy. Interest rates are really set by each individual's time preference.
Central Banks May Be Driving Us Toward More Waste, More Carbon Emissions
Easy-money policies pushed by central banks may be redirecting wealth away from investment, and toward greater production and consumption of cheap consumer goods. That's not "green."
Chilean Protesters Could End Chile’s Decades of Progress
The history of Latin America is filled with tragic stories of countries reaching great heights — Argentina and Venezuela come to mind — and then falling back to mediocrity. Chile could be next if the protesters get their way.
When the Communists Abolished the Weekend
By abolishing the weekend, the Soviets were in one move able to strike a blow against both families and religious institutions. All that was left was the state — and state-mandated labor.
Socialism and the Green New Deal: Choose One
Central planners cannot calculate the costs and benefits of environmental policy.
