Prices

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End the Sugar Tax Now

Corporate WelfarePricesValue and Exchange

12/09/2015Mises Wire
The sugar industry and the corny syrup industry have been fighting in court. But don't be fooled. Ultimately, the two industries are happy to help each other out in order to keep their own crony-capitalist arrangements in place...

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The Week in Review: November 28, 2015

Big GovernmentThe EntrepreneurTaxes and SpendingU.S. HistoryEntrepreneurshipPricesValue and Exchange

11/28/2015Mises Wire
The true lessons of Thanksgiving are that private property, the market economy, and personal responsibility lead to prosperity, while government intervention makes us all poorer.

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Should People be Allowed to Work for $1 an Hour?

The EntrepreneurEntrepreneurshipPricesValue and Exchange

11/23/2015Mises Wire
Amazon has developed a new way to help people do easy work for a little extra cash. The jobs involve repetitive tasks that computers can't do. But, since the jobs pay below minimum wage, we're told the whole thing should be outlawed...

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The Mises Week in Review: October 31, 2015

Big GovernmentBooms and BustsThe EntrepreneurThe FedGlobal EconomyMoney and BanksEntrepreneurshipMoney and BankingOther Schools of ThoughtPricesValue and Exchange

10/31/2015Mises Wire
The Fed's Federal Open Market Committee renewed its commitment to easy money this week. The Fed will pretend to be committed to raising rates while doing nothing, and its ongoing war against deflation will continue to make us poorer...

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The War on Cars Is a War on Workers and the Poor

Big GovernmentPricesValue and Exchange

10/28/2015Mises Wire
Government planners are fond of dreaming up new ways to force people out of their cars. But automobiles have long been a boon to ordinary working people who can access less expensive goods and better jobs because of them.

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Robert Shiller Imagines What Consumers Should Want, While Ignoring What They Do Want

Other Schools of ThoughtPricesValue and Exchange

10/27/2015Mises Wire
Neoclassical economists make too many assumptions and decree that the desires of consumers must conform to some external definition of what's "rational." But consumers like to decide for themselves what they want, and when they want it...

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The Mises Week in Review: October 24, 2015

Global EconomyMedia and CultureTaxes and SpendingWorld HistoryEntrepreneurshipPolitical TheoryPricesValue and Exchange

10/24/2015Mises Wire
No amount of fantasizing can make fundamental economic realities go away, no matter how much we put our faith in central banks, government regulation, or technologies of the future.

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Employment Is Nothing Like Slavery

EntrepreneurshipPricesValue and Exchange

10/21/2015Mises Wire
Anti-capitalists often claim that employment is like slavery. But unlike slavery, employment in the market is voluntary, non-coercive, and makes the employee better off than he would have been without it. Employees merely choose an employer that provides the best alternative to non-employment.

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Star Trek Is Wrong: There Will Always Be Scarcity

Media and CulturePricesValue and Exchange

10/20/2015Mises Wire
Millions of pop culture consumers have been affected by the "post scarcity" world portrayed in Star Trek . But even in Star Trek , the claims of having overcome scarcity are belied by the fact that human lives, planets, starships, and time all remain scarce...

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The Mises Week in Review: October 17, 2015

Big GovernmentCorporate WelfareFinancial MarketsGlobal EconomyHealthLegal SystemThe Police StateTaxes and SpendingWorld HistoryMonopoly and CompetitionPolitical TheoryPrices

10/17/2015Mises Wire
It was a big week for Bernie Sanders's brand of socialism, and millions of Americans already agree with him. Thanks to unquestioning acceptance of wild claims about the success of socialism in Europe, many Americans are now wishing for some European-style socialism themselves...

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