Mises Wire

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.

A credit union in San Francisco is offering a $2 million, no down payment mortgage loan to borrowers.

The Winter 2015 issue of the Journal of Private Enterprise features contributions from William Butos, Larry White, Steve Horwitz, Joseph T. Salerno, and others.

According to the LA Times, the US crude slumped to $35 p

Central bankers would have us believe that creating money “out of thin air” is no problem as long as the “demand for money” increases. They also claim that gold-backed money is more prone to booms and busts. But they’re wrong on both counts.

We're often told that gun control is responsible for low homicide rates in places like the UK, Ireland and Canada. But a look at the history of homicide in each country suggests that gun control is hardly a primary factor in homicides.