The State-Subsidized Car Nobody Wants

06/10/2012 Mises Wire Peter G. Klein

Of course, GM does understand at least one economic concept: rent-seeking.

What Is The Mises Wire?

Mises Wire offers contemporary news and opinion through the lens of Austrian economics and libertarian political economy.

Submitting articles to Mises Wire

Reprints, Permissions and Copyrights

The views expressed on Mises Wire and mises.org are not necessarily those of the Mises Institute.

Subscribe to the Mises Wire RSS feed

Latest Articles

Roger Williams: Exemplar of America’s Soul

11/14/2025 Mises Wire George Ford Smith

Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s early libertarians.

An Austrian Perspective on Equality

11/14/2025 Mises Wire Wanjiru Njoya

Modern progressivism is based upon the notion of equity—equal outcomes. However, as Ludwig von Mises wrote, classical liberalism had its roots in liberty, which was undergirded by equality before the law.

The CPI as Evidence of Methodological Error

11/14/2025 Mises Wire Keith Wilkinson

Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more than a weighted average of numbers put into an arbitrary formula. It is time to end this statistical charade for good.

Credit Money, Pesos, Dollars and Argentina

10/20/2025 Power & Market Philipp Bagus

The following is an article originally published on October 20th, 2025, at Ludwig von Mises Institut Deutschland. Its publication sparked a public debate on the topic between Dr. Bagus and Dr. Jörg Guido Hülsmann.

A Rawlsian Trick

11/14/2025 Friday Philosophy David Gordon

When John Rawls published A Theory of Justice in 1971, he realized there were some loopholes that he tried to cover 22 years later with Political Liberalism. In this week’s Friday Philosophy, Dr. David Gordon exposes the intellectual futility of Rawls' tricks.

Meet the Writer

Peter G. Klein

Peter G. Klein is Carl Menger Senior Research Fellow of the Mises Institute and W. W. Caruth Chair and Professor of...

Peter Klein on Hayek for the 21st Century

09/01/2025 Robert P. Murphy Peter G. Klein

Peter Klein joins to discuss the Mises Institute's new book, Hayek for the 21st Century—exploring knowledge, competition, money, and why freedom beats central planning every time.

War, Taxes, and the National Science Foundation

08/21/2025 The Misesian Peter G. Klein

Scientists have been transformed into grant hunters, and that gives them lots of incentives to lobby for even more federal funding. So, scientists themselves are among the most up in arms at the proposed cuts to federal research funding among universities today.

Subscribe to our Mailing Lists

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. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member