Slow Wage Growth Could Be Thanks to ‘Sticky Wages’
Wages can be "sticky" even in the absence of government. But the biggest problems with wage rigidity are often the result of government intervention.
Mises Wire
The Week in Review: September 9, 2017
It is during times of crisis like this, when government feels the greatest need to control, that sound economics is most needed.
Stanley Fischer Is Out at the Fed
Many claimed that Fischer was an inflation hawk, but he was really a cheerleader for quadrupling of the Fed’s balance sheet and more.
3 Good Things about “Price Gouging”
When sellers can price goods freely, we are all better able to plan and conserve for future use of essential goods.
Bank of Canada Raises Interest Rates … Again
For the second time in less than two months, the Bank of Canada has raised interest rates.
Bank of Mexico: Bread Today, Hunger Tomorrow
The Bank of Mexico's reported profits are a short-term windfall that comes at the price of higher debt levels.
Markets, Not Government, Improve Race Relations
No, race relations aren't getting worse. They're far better than they were decades ago, and the marketplace has been a key factor in improving matters.
How the Feds Blocked Effective Flood Insurance
Government agencies have helped to encourage urban and suburban development in flood plains and other disaster-prone areas.
Why Government Cannot Be Run Like a Business
Even with a former CEO in charge, no government agency can be run like a business. Trump's business experience gives him little advantage Washington.
Does Government Spending Create More Economic Growth?
A cut in government outlays is great news for wealth generators and to the economy.
