Mises Institute
Tuesday, June 11, 2024
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What Causes Stagflation?
Frank Shostak
Keynesian economists have no good explanation for stagflation, rising rates of both inflation and unemployment. However, the Austrian School has long pointed out that sustained inflation has a predictable pattern that leads ultimately to stagflation.
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Bureaucracy: The Red Tape that Prevents Economic Growth
Sergio Lopez
Contra Keynesians, who believe that government spending and bureaucracy are the keys to economic growth, it is the bureaucratic state that swallows resources and stifles entrepreneurs.
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The Minimum Wage
Minimum wage laws don't have to be politically divisive. Can minimum wage policy achieve shared goals and values?
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The Consequences of California’s New Minimum Wage Law
California's minimum wage law for fast-food workers is a wealth transfer from the poor to the rich.
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Employment Flatlines for Eleventh Month as Biden Claims Historic Job Gains
As total (mostly part-time) "jobs" rose 273,000 in May—thanks largely to made-up numbers—total employed workers fell by 408,000 people.
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The Biden Administration Uses Fudged Numbers to Justify Imposing Punitive Regulations
In order to vastly expand the regulatory state, the Biden administration is using fake cost-benefit ratios to make its regulations seem less costly and more beneficial.
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Do You Know Who’s Hitting You?
While our political “leaders” insist that the government is “protecting” us, it offers the same kind of “protection” that mobsters offer: pay us to “protect” you, or we burn down your place with you in it.
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Ten Things Millennials Should Know About Socialism
Tom DiLorenzo at Mises University 2016.
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Forty Centuries of Wage and Price Controls: How Not to Fight Inflation
This outstanding, entertaining history illustrates the utter futility of fighting the market process through legislation. Despotic measures yield socially catastrophic results.
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