Mises Wire

Thanks to Markets, Mobile Phones Have Been a Game-Changer for the World's Poor

World History

Blog03/12/2019

Thanks to trade and the pursuit of private-sector profits, even the poorest regions of the world have gained access to modern telecommunications at an astounding speed.

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The Problem with "Reparations"

Labor and WagesPovertyU.S. History

Blog03/12/2019

Reparations to heirs of slaves make sense so long as the actually guilty parties are the ones paying. Short of that, the policy being discussed has nothing to do with reparations. It's just a wealth redistribution scheme. 

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On Equality and Inequality

Free MarketsInterventionismOther Schools of Thought

03/11/2019Mises Daily Articles
The fact that men are born unequal in regard to physical and mental capacities cannot be argued away.
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Americans Have Much More Living Space than Europeans

03/11/2019Power & Market

The average American dwelling unit is at least 50 to 75 percent larger than the average European unit.

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No, Robots Won't Make Us All Unemployed

Labor and Wages

Blog03/11/2019

We are better off not needing twelve people with shovels to do the same thing as a single bulldozer. Robots are not fundamentally different from a bulldozer.

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The Sheriff Revolt on New Gun Laws Shows Why America Needs More Decentralization

Decentralization and SecessionPolitical Theory

Blog03/11/2019

Some states are passing laws where majority approval is found in just a handful of counties. This means just one or two regions of large states are forcing laws on the rest.

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Fractional Reserves and the Fed

The FedMoney and BanksMoney and Banking

03/09/2019The Free Market
In this testimony to Congress, Joseph Salerno describes how to fix the problem of fractional reserve banking.
Formats

June2012_0.pdf

PDF icon PDF (1.59 MB)
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Why Economics Needs Good Theory: Facts and Figures Aren't Enough

Blog03/09/2019

There's nothing wrong with consulting statistical data. But this data can only be properly understood if one first has a good grasp of sound theory.

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