Some Problems with Worker Productivity Stats
According to the US Labor Department, worker productivity in the non-farm sector increased at an annual rate of 1.4 percent in the fourth quarter of 2019 after declining by 0.2 …
Mises Wire
Tim Terrell on Misleading Cross-Country Health Care Statistics, and Why Big Business Supports Environmental Regulations
Economist Tim Terrell explains why the common rankings of “health outcomes” are so often biased against the United States, and why big businesses often support certain environmental regulations. Hint: it’s …
Bernie Sanders’s Long History of Pushing Government Takeovers of Private Markets
Socialist ideas have taken a hold on some of the more progressive members of the Democratic Party, namely Senator Bernie Sanders. The latest NBC/Wall Street Journal poll, however, may provide …
Social Security Is a Terrible “Investment”
Social Security, the primary retirement savings tool and biggest tax for millions of Americans, is a bad deal, critics contend. They argue that mandatory Social Security is a poor investment …
The Conquest of the US by Spain
The year 1898 was a landmark in American history. It was the year America went to war with Spain — our first engagement with a foreign enemy in the dawning …
Coerced Confessions: How the Plea Bargain Replaced Physical Torture
In 2010, Chicago police commander Jon Burge was convicted on counts of perjury and obstruction of justice and sentenced to four and a half years in prison. Although he was …
Socialism: A Brief Taxonomy
There are myriads of words written about socialism, and yet lots of misconceptions about it still exist even in the minds of those who are on the opposite side of the …
Three Reasons Why Decentralization and Secession Lead to More Open Economies
When we hear of political movements in favor of decentralization and secession, the word “nationalist” is often used to describe them. We have seen the word used in both Scottish …
How the Fed Rules and Inflates
[From chapter 23 of The Case Against the Fed.] Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking …
What Margit von Mises Loved Most About Ludwig
In honor of Valentines Day, here is a touching tribute by Margit von Mises to her husband. To Margit, Ludwig’s dearest quality was not his great wisdom, but his passion …