Mises Wire

Man, Economy, and Sexual Harassment

Labor and WagesValue and Exchange

Blog12/06/2017
New government regulations designed to end sexual harassment would only raise the legal risk of hiring women, and encourage employers to hire more men.

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More on Interest Rates and Time Preference

Money and BanksMoney and Banking

Blog12/02/2017
Currently observed negative yields on some European corporate bonds supposedly runs contrary to the positive time preference theory. How can this be?

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Minimum Wage Laws Have Many Victims

Bureaucracy and RegulationLabor and Wages

Blog12/01/2017
Employers, workers, and consumers are all hurt when minimum wages are imposed on markets.

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Massive Overkill: The Pentagon's High-Priced Nuclear Arsenal

War and Foreign Policy

Blog11/30/2017
America's nuclear arsenal is more about corporate welfare than actual national defense.

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Misdiagnosing Populism

StrategyPolitical Theory

Blog11/28/2017
Libertarians should support populist sentiments or movements when they are pro-liberty/anti-state, and oppose them when they are not.

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Mainstream Economists Whitewashed the Evils of Communism

SocialismWorld HistoryOther Schools of Thought

Blog11/10/2017
There’s no excuse for any sentient being – especially an economist – to have praised the decrepit communist economic model by the 1980's.

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More Populism Might Have Produced a Better Fed Chair

Money and BanksMoney and BankingPolitical Theory

Blog11/06/2017
Trump's selection of Jerome Powell highlights a flaw in Hayek's strategy to change public policy through "second hand dealers of ideas."

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Madison's Definition of Democracy Is Now Irrelevant

U.S. History

Blog11/03/2017
Madison's ideas of "democracy" and "mob rule" apply to no regime today, and no modern self-styled "democracy" fits Madison's definition.

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Mainstream Economists Don’t Even Get Their Dimensions Right

Capital and Interest Theory

Blog11/03/2017
Economists often discuss capital and interest, assuming that “interest equals the marginal product of capital” when in fact that is simply wrong.

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Mexico's Disastrous Drug War

War and Foreign PolicyWorld History

Blog11/01/2017
Ordinary street gangs could never ascend to the levels of criminality made possible by the US-sponsored drug war in Mexico.

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