The Problem with Prescriptive “Rationality” in Economics
Behavioral economics claims it has shown that people behave irrationally — often make mistakes, and have problems with self-control. But is this really irrational behavior?
Mises Wire
Global Warming: The UN’s Plan Ignores Real Costs of Implementation
Even if we accept the mainstream narrative on the effects of climate change, the costs of implementing a global regulatory "mitigation" program are far higher than advocates admit.
Old Wine in Old Bottles? A Nobel for Clever Packaging?
The Nobel committee this year showed that it has embraced clever economic modeling as a replacement for scientific progress.
Why Luxury Goods Make Everyone Better Off
Money spent on "luxuries" goes to support ordinary people who use profits from luxury goods to make a living and support their families.
Italy’s Problem Is Not The Euro, It’s Political Spending
Blaming the euro will not save Italy. Italy’s problem is political spending — the same problem that this new budget is going to greatly increase.
8 Traits of the Entrepreneur
We have designed a survey to investigate 8 entrepreneurial traits. Please help us to refine this research instrument by participating in this survey.
Rent Control and Minimum Wage Laws Harm Those Who Are Supposed to Benefit
Government policy often lumps together many people it shouldn't — assuming that everyone in the group labeled "poor" or "low-income" will all benefit equally.
Yes, PC is Real. Yes, it is Illiberal
If you believe The Atlantic, rejection of PC culture is hardly limited to the Right.
Is Technological Know-How the Key to Economic Growth?
To obtain more economic growth, what is needed is a supply of saved capital to put the advanced technological methods into effect.
The Louisiana Purchase: Jefferson’s Constitutional Crisis that Risked Dissolving the Union
Was Thomas Jefferson's Louisiana Purchase an early example of presidential malfeasance?
