Prosperity = Abundant Work + Low Cost of Living
Our economy is making it harder to start businesses, keep businesses, and hire people. That's a recipe for disaster.
Our economy is making it harder to start businesses, keep businesses, and hire people. That's a recipe for disaster.
Newly-created money is not evenly distributed in the economy, so new money will lead to a something-for-nothing exchange which brings a boom-bust cycle.
At different times and in different places, Fed officials have changed their stories about whether or not bubbles can be seen before they pop.
J.B. Say was the foremost French political economist in the early 1800s, and many of his insights are important for economists today.
In India, as in many places, established taxi companies are joining forces with other interest groups to keep rideshare groups out of the marketplace.
There are two new trends in passports. One is toward a single global issuer of passports. The other is toward "citizenship by investment."
Negative rates can work because the opportunity cost of holding physical cash is not zero. Abolishing large banknotes further increases the cost.
The bias in favor of "education" is a bias in favor of the opinions of the intellectual classes: it is a devotion to the status quo.
Of all the great articles we published this year, here are the Top Ten most read on Mises.org.