Mises Wire

The Week in Review: December 31, 2016

World HistoryMoney and BankingPolitical Theory

Blog12/30/2016

Happy New Year from the Mises Institute!

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Taxis In India: A Story Of Bootleggers And Baptists

Blog12/30/2016

In India, as in many places, established taxi companies are joining forces with other interest groups to keep rideshare groups out of the marketplace.

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Ralph Raico: Liberalism Defined

History of the Austrian School of EconomicsPolitical Theory

12/30/2016Audio/Video
Ralph Raico delivers a witty, razor-sharp exposition of what liberalism really means.

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The Economics of Marijuana

Free MarketsHealthThe Police StateInterventionism

12/30/2016Courses
In this three-lecture course, professor Mark Thornton will explain how prohibition has changed not only the market for marijuana, but also the characteristics of the drug itself.

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Get Ready for Passport "Globalization"

Global EconomyPolitical Theory

Blog12/30/2016

There are two new trends in passports. One is toward a single global issuer of passports. The other is toward "citizenship by investment."

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Negative Interest Rates: How Low Can They Go?

Money and BanksMoney and BankingPolitical Theory

Negative rates can work because the opportunity cost of holding physical cash is not zero. Abolishing large banknotes further increases the cost.

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