Mises Wire
Facebook’s Fake Money
The critical question is this: Is the Libra really good — or sound — money? Unfortunately, this question cannot be answered in the affirmative.
Free Trade vs. Government Diktat
In every trade, a person is giving up something he values less for something he values more. Every time a shopper buys any item from another person, he has improved his standard of living, and so has the seller.
Agriculture Is Only a Tiny Part of America’s Economy — And That’s a Good Thing
Since 1900, the number of American farms in operation has fallen 63 percent. Meanwhile, the American standard of living is far beyond what the farmers of yesteryear could have imagined.
The Next Prime Minister Must Choose: Working Class Britons, or the Neo-Keynesians
An estimated 78 percent of the UK’s working population are unable to make ends meet between pay-days. Neo-Keynesian policies are to blame.
Are India and China Booming as Much as They Claim?
The differences between government stats and reality are a problem, especially since these estimates are used to make policy.
The Illusion of the Keynesian Multiplier
Not only will easy-money policy not increase production, it will impoverish us by inflating away real wealth.
The EU-Mercosur Trade Deal and the Lunacy of Protectionism
The signing of the EU–Mercosur trade agreement constitutes a starting point — but an unholy alliance between protectionist politicians, agricultural lobbyists, and environmentalists may be forming.
Markets Can Give Us Both Greater Income Equality and Greater Economic Growth
The modern norm is that economic growth causes measured income inequality to increase. But to have greater income equality and greater economic growth. It simply requires more free market policies and less government interventionism.
Deneen’s Why Liberalism Failed Attacks a Fake Version of Liberalism
Patrick Deneen lumps everything he dislikes under the label of "liberalism." But one is left wondering if he is familiar enough with liberalism's history to pass judgment on it.