The Minimum Wage and Progressive Eugenics, Again
The whole concept of the "living wage" was once a benchmark used to evaluate the worth of a human being. That is, if you couldn't earn a living wage, you were ripe for sterilization.
Mises Wire
Bubble Watch: Planes, Trains, and Automobiles (Okay, Just Planes and Ships)
Boeing is cutting production of its 747 in half. Demand that had been expected for the 747-8 freighter, in particular, never materialized.
Mises.org Now at Business Insider
Beginning this week, Business Insider now reprints selected articles from Mises Daily and Mises Wire, and will bring Mises.org content to a new and large demographic and audience.
The Fed Passes the Buck: Blame Oil and China
We're being told to blame the current market volatility and emerging crisis on oil prices, China, and a "strong dollar." To find the real causes, though, we must look at central banks and at past mistakes and malinvestments.
Soaking the Future Poor
In our efforts to soak the present rich we have been soaking the future poor.
Norway’s Largest Bank Proposes a Raid on Cash
Norway's largest bank, DNB, has joined the relentless campaign by governments and big banks the world over to abolish cash, the physical embodiment of a nation's monetary unit and the last tangible, if tenuous, link to the 19th-century gold standard.
The Week in Review: January 23, 2016
Fear is in the air. Central bankers are warning of crisis, and while mainstream economists fear the falling prices that are on the horizon in our post-boom world, Austrians know that deflation and recessions are both inevitable and necessary.
Why Europe Must Decentralize
The reaction to the failure of the Schengen Area offers one example of the centralist impulse within the EU, but for another illustration of of how the EU works, we need look no further than the EU's reaction to Poland's recent elections.
Mises in Four Easy Pieces
Ludwig von Mises reminds us that thanks to the rise of markets and capitalism, human beings gained more access to more abundance than ever before. And it is the consumers, not the producers, who have power over the market process.
Three Reasons Oil Prices Can Still Go Lower
Although many analysts are and have been calling for a bottom in oil prices, there are three key reasons why oil can continue to fall substantially further from current levels near $30 per barrel.
