Mises Daily

Why Devaluing the Yuan Won't Help China's Economy

Mises DailyAugust 27, 2015
China has recently devalued its currency. Like many governments, the Chinese government thinks this will help the economy by increasing exports. But it will really just destroy real wealth in the process.

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Hostages and the Right to Pay Ransom

Mises DailyAugust 26, 2015
Many governments — including the US — have often inhumanely forbidden families from supplying ransoms to kidnappers to save loved ones. The Obama administration recently, and correctly, suspended the practice of prosecuting families in these cases...

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