Good Economics Is “Bizarre” for Minimum Wage Supporters
What these "excuses" point to is the marginal productivity of the worker is lower than the salary the employer is forced to him pay by law.
Mises Wire
Week in Review: January 14, 2017
The nation braces itself for the inauguration of a new president. Politics, however, will not cure what ails us.
No Country Should Be Bigger Than This
Even if we agreed that states can provide certain amenities of value, state powers still become dangerously prone to abuse the larger the state grows.
Free Market Economics and Crony Capitalism
Does not big business wrap itself in the mantle of free markets? If so, are not exponents of free markets supporting crony capitalism?
What European Integration Should Look Like
The European Union could have been a mere union of states committed to increasing free trade and free movement. But, it has become nothing of the sort.
Happy Birthday Butler!
Today is the birthday of Butler Shaffer, a pioneer of the libertarian movement and an outstanding legal theorist.
The Fed Needs Competition, Not Rules
If a monetary rule like the Taylor Rule is not a solution to the problem of the Fed, what is? Competition.
Tom Woods and Shawn Ritenour Discuss The Mises Reader
Shawn Ritenour and Tom Woods discuss The Mises Reader, now available from The Mises Institute.
Beware “Revenue Neutral” Tax Reform
There is a lot of talk about tax reform these days. Not surprisingly, none of it involves cutting spending or lessening government revenue.
Obamacare: Is It Worse Than What Came Before It?
The US economy has been so malformed by interventionist policy, it has become difficult to say how even a policy of repeal might distort markets.
