The Economics of Generosity and Charity

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The Economics of Generosity and Charity

March 28, 2024

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Free markets have provided an abundance of goods and comforts for even low-income households. But constant government intervention in the work, lives, and incomes of the poor continues to create many barriers to economic success, writes Ryan McMaken.See here, here, and here for more

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Government likes to put out lots of data showing things like income and employment for huge numbers of people. The problem is, this tells us almost nothing about how real-life people are hurt or helped by government intervention, writes Gary

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In recent years, some economists, contrary to long-established and widely-accepted economic theory, have been claiming that increases in the minimum wage do not increase unemployment. But both logic and the data say otherwise, writes Andrew Syrios.This audio Mises Daily is

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The new Netflix series Marco Polo might have descended into a forgettable story of palace intrigue, but it fortunately explores far more interesting themes of family, loyalty, and how the state demands everyone sell out his values a little more

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We're now in the world of negative interest rates, and Mises’s insights about human action are the key to understanding the implications of this, and in understanding the impossibility of a negative “natural” or “originary” interest rate, writes Thorsten Polleit.This

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Natural rights are fundamentally different from goods and services. Judge Napolitano explains in his new book how the acquisition of a mere service — security — cannot be based on the destruction of rights, which cannot be traded away, writes

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Thanks to the central bank, those who worked hard and "played by the rules" all their lives now face an uncertain future as inflation chips away at their savings and threatens their financial stability, writes Shawn Ritenour.This audio Mises Daily

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