Mises Wire

What would Mises think about the current state of the liberal project he laid out 100 years ago?  

 The reason PG&E can get away with such outrageous mismanagement is that the California government literally guarantees them their business.

The more widespread social programs become, the more they tend to undermine the social interactions and exchanges necessary to build wealth. 

During September 2019, year-over-year growth in the money supply was at 3.10 percent. That's up from August's rate of 1.85 percent, and was down from September 2018's rate of 4.38 percent.

The high cost of living in California — fueled by government regulations and taxes on the middle class — means the state now has some of the worst poverty and homelessness of any state.

Let the WTO and all its agreements go already! We cannot salvage something that was broken from the start. 

When asked why they do not just give their money away voluntarily, some billionaires suddenly decide cooperation isn't all that great after all.

Poor incentives create poor outcomes, and government subsidies for higher education institutions have created poor incentives in spades.

In his new book The Bitcoin Standard, Saifedean Ammous displays a fine understanding of money, and also a good grasp of how currencies like Bitcoin could revolutionize the government-dominated banking sector.

Austrian-school economics is value-free and is not necessarily in favor of laissez-faire. But the Austrian view of markets and market power tends to push one in the laissez-faire direction.