Mises Wire

Inflation: The Rumors of its Death are Greatly Exaggerated

Blog05/06/2019

The real money-creating machines are commercial banks. Loan dollars become deposit dollars. Lots of lending means the money aggregates increase. Little lending means the opposite.

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Hooray! The Green New Deal Will Make Us Happier—By Shrinking the Economy

Big GovernmentThe EnvironmentSocialism

Blog05/06/2019

You don’t make people better off by artificially making energy more expensive. You only make them poorer.

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Review: The High Cost of Good Intentions: A History of U.S. Federal Entitlement Programs

Bureaucracy and RegulationU.S. History

05/04/2019Quarterly Journal of Austrian Economics
Entitlement programs have worsened the problems they were designed to solve and are now giving out massive subsidies to the non-poor.
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Occupational Licensing — An Unnecessary Evil

Blog05/04/2019

The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950.

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Economic Models vs. The Real World

Money and BanksMoney and BankingPhilosophy and Methodology

Blog05/04/2019

Economic theory must have only one purpose — to explain economic activity. However, statistical methods are of no help in this regard.

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Forget "States' Rights" — States Are Too Big, Too

Blog05/03/2019

The effort to nullify gun laws at the county level illustrate how the relationship between citizens and government can be quite different at a more local level.

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Sorry! I Can’t Relax About Socialism

Media and CultureSocialismThe Police State

Blog05/03/2019

Socialism, democratic or otherwise, rides on the back of force and violence. When they drop the veil, its a government agent pointing a gun.

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Stiglitz: Enemy of the Free Market

Big GovernmentBook ReviewsStrategy

Blog05/03/2019

Joseph Stiglitz has written a new book that calls for massive state control over the economy.

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