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Increase of 1.7% in nominal wages in 2023 and 0.4% decline in real wages

25.04.2024 – The Swiss nominal wage index rose by an average of 1.7% in 2023 compared with 2022, to 102.4 points (base 2020 = 100). Given an average annual inflation rate of +2.1%, real wages fell by 0.4% (96.9 points, base 2020 = 100) according to calculations by the Federal Statistical Office (FSO). You will find further information such as tables and graphs in the press releases in German, French and Italian. The English version only includes the lead of the...

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Woods Exposes the Federal Reserve System

The first thing to know about Dr. Thomas E. Woods, Jr.’s’ book Our Enemy, the Fed is he’s giving it away. Click the link, get your copy and read the whole book. Clearly, such intellectual charity is not only rare but in the educational spirit of Mises.org. The subject matter is light-heavy but Woods, author of the bestseller Meltdown (reviewed here), navigates it with the smooth skill of a master, making the reader experience satisfying from beginning to end. ...

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Privatize Driver’s Licenses

Driving home one Friday afternoon, I got stuck behind an elderly woman going twenty miles per hour under the speed limit. The speed limit was forty-five. We were on a country road, so I couldn’t pass safely, and I was frustrated that this person was standing between me and the beginning of the weekend. I could see the woman’s thinly snowcapped head, and I thought to myself, I can’t believe this old bat is licensed to drive. She’s probably half-blind and too frail to...

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Driver’s Licenses Waive Personal Responsibility and Contribute to Disorder on the Road

Driving home one Friday afternoon, I got stuck behind an elderly woman going twenty miles per hour under the speed limit. The speed limit was forty-five. We were on a country road, so I couldn’t pass safely, and I was frustrated that this person was standing between me and the beginning of the weekend. I could see the woman’s thinly snowcapped head, and I thought to myself, I can’t believe this old bat is licensed to drive. She’s probably half-blind and too frail to...

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Chapter 4. Why the Classical Liberals Wanted Decentralization

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

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Chapter 16. How Early Americans Decentralized Military Power

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

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Chapter 10. If California Secedes, What Happens to Locals Who Opposed Secession?

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

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Chapter 5. Secession as a Path to Self-Determination

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

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Postscript: A Tale of Two Megastates: Why the EU Is Better (In Some Ways) than the US

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

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Chapter 17. Before Roe v. Wade, Abortion Policy was a State and Local Matter

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

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