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Home / Tag Archives: 6b) Mises.org (page 270)

Tag Archives: 6b) Mises.org

Economic Aspects of the Pension Problem

On Whom Does the Incidence Fall? Whenever a law or labor union pressure burdens the employers with an additional expenditure for the benefit of the employees, people talk of “social gains.” The idea implied is that such benefits confer on the employees a boon beyond the salaries or wages paid to them and that they are receiving a grant which they would have missed in the absence of such a law or such a clause in the contract. It is assumed that the workers are...

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What Would Mises Have Thought of “Special Economic Zones”?

SEZs are loopholes, and capitalism breathes through loopholes. But like all loopholes, they tend to benefit those who can afford to hire the lawyers who can identify said loopholes. Original Article: “What Would Mises Have Thought of “Special Economic Zones”?” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. [embedded content] You Might Also Like...

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China Needs to Pop Its Property Bubble

The financial woes of the giant real estate developer Evergrande, which carries an estimated debt of $300 billion, have rekindled global fears that China’s property bubble is about to burst. Such predictions have occurred repeatedly in the past, in particular since 2010, and have been fueled by the rapid rise of property prices, construction volumes, and real estate debt. Today, many analysts fear that if the property bubble collapses, the impact on the real economy...

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Ukraine’s Regime Is Now Kidnapping Fathers for Military “Service”

As the Ukraine regime has imposed martial law in the wake of the Russia invasion, it has also apparently imposed a new near-universal conscription order. USA Today reports: The Ukraine State Border Guard Service has announced that men ages 18 to 60 are prohibited from leaving the country, according to reports. “In particular, it is forbidden for men aged 18–60, Ukraine citizens, to leave the borders of Ukraine,” a statement from the service said, according to CNN....

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Canada’s Freezing of Protesters’ Finances Shows How the “War on Cash” Ends.

The Canadian government is now freezing the bank accounts and personal assets of those who donated to support the Freedom Convoy, which is an organized political protest of the vaccine mandates. The deputy prime minister announced that they will retain these so-called emergency powers permanently going forward and will also seek to implement additional measures to further restrict the ability of political protestors to raise funds or otherwise use the banking...

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Death by Inflation or by Interest Rate Hikes?

Inflation is skyrocketing in practically the entire world. Central banks are getting scared and beginning to announce the end of expansionary measures, also known as tapering. Why do central banks find themselves in a dilemma? Why has inflation risen so much? What is a bottleneck? What does tapering mean, and how could it affect us? The objective of this article is to answer these, and other, questions. Inflation Skyrocketing around the...

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Economic Knowledge Is Qualitative, Not Quantitative

According to the popular way of thinking, our knowledge of the economy is elusive. Consequently, the best that we can do is to attempt to ascertain some facts of economic reality by applying various statistical methods to the so-called macro data. For instance, an economist is of the view (i.e., he has a theory) that consumers’ outlays on goods and services are determined by personal disposable income and the interest rate. The personal disposable income and the...

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Russian Weakness and the Russian “Threat” to the West

At 146 million, the population of Russia is smaller today than it was in 1989—when it was 147 million. Russia’s population is expected to decline even more. Some estimates conclude Russia’s population could fall below 100 million by 2100. This continues a trend that was already in place across the Soviet Union at the time of that state’s collapse. Union-wide population peaked at around 290 million in the late 1980s, and has never recovered.Like many Western wealthy...

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Is NATO a Dead Man Walking?

While geopolitical commentators are fixated on Russia’s border with Ukraine, a more interesting development is slowly boiling underneath the surface of the Russo-Ukrainian conflict that could potentially reorder international relations—namely, the death of the North Atlantic Treaty Organization (NATO). Founded in 1949, NATO began with only twelve member nations. Presently, NATO counts on thirty member nations, with national security elites in the Anglo-American...

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Money and Savings Are Not the Same Thing

In the National Income and Product Accounts (NIPA), savings are established as the difference between disposable money income and monetary outlays. Disposable income is defined as the summation of all personal money income less tax payments to the government. Personal income includes wages and salaries, transfer payments, income from interest and dividends, and rental income. The NIPA framework is based on the Keynesian view that spending by one individual becomes...

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