Why the US Wants to Lower Germans’ Real Wages
On December 20, 2019, President Trump authorized sanctions against companies and individuals who are participating in building Nord Stream Two, a pipeline under the Baltic Sea that will bring Russian …
Mises Wire
Defending the Miser
[Excerpted from Defending the Undefendable] The miser has never recovered from Charles Dickens’s attack on him in A Christmas Carol. Although the miser had been sternly criticized before Dickens, the …
Why the Minimum Wage Is so Bad for Young Workers
In today’s political discourse, the minimum wage is frequently mentioned by the more progressive members of Congress. On a basic level, raising the minimum wage appears to be a sympathetic …
Government, Business, and American Economic History, Part 2
Recorded at Stanford University on July 8, 1990. Mises WireThe Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and …
2019 Was a Bad Year For the “Only Cops Should Have Guns” Narrative
On December 29, an armed gunman entered the West Freeway Church of Christ in Texas and shot two members of the congregation. Within six seconds, a third member of the …
Is Greater Productivity a Danger?
It is bad enough that opponents of the free market wrongly blame capitalism for environmental pollution, depressions, and wars. Whatever the failings of their causal theories, at least they are …
Three Ways to Increase Workers’ Wages
Free marketeers have rightly written many refutations of the minimum wage. However, it’s difficult to beat something with nothing, and so this article will outline major ways in which wages …
Government, Business, and American Economic History, Part 1
Recorded at Stanford University on July 8, 1990. Mises WireThe Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and …
Butler Shaffer, RIP
We mourn the passing of our good friend Butler Shaffer, who died yesterday afternoon at the age of eighty-four. Butler was a libertarian at a time when there were very …
Economic Stats Won’t Tell Us What Really Causes Recessions
Most economists are of the view that by means of economic indicators it is possible to identify early signs of an upcoming recession or prosperity. What is the rationale behind …