Mises Wire

An opinion piece in today's WSJ on the collapsing Brazilian economy extensively quotes a spokesman for Mises Institute Brazil, as well as cites articles from the institute's website.

In a capitalist world, socialists would be free to form their own socialist communities. They're largely free to do so now, although few do. This may be due to the fact that even the utopian version of socialism seems unpleasant.

It's the age-old question: is success the result of natural talent or simply hard work? This problem is especially important for entrepreneurs.

In the latest episode of Mises Weekends, Jeff Deist and Yuri Maltsev discuss Socialism, Fascism, and Trumpism.

The world waits to see if next week is finally the week that the Fed announces its rate hike. Can the economy survive whatever small bump the Fed deals out? Perhaps, but that won’t change the inherent instability of our current monetary regime.

Slicing and dicing statistics is no way to justify outlawing jobs for the least experience and most vulnerable workers. But outlawing jobs is what minimum wage hikes are all about. 

Thomas Piketty is wrong. Markets do not concentrate wealth. They work to diffuse wealth and limit the power of any single enterprise. Meanwhile, many lose their fortunes as quickly as they gain them.

Jeff Deist's speech "PC is Control, Not Etiquette", is now available in German.

I do not regard homeownership rates as a proxy measure of economic prosperity. But, in the United States, increasing homeownership has long been a goal of federal policymakers.