Mises Wire

Austrian Economics and the Capital Asset Pricing Model: A Reconcilation?

Financial MarketsCapital and Interest Theory

Blog08/02/2022

Academic finance makes a lot of use of the capital asset pricing model (CAPM), but is it compatible with Austrian economics? Indeed, Austrians do have something to say, thanks to Mises and Rothbard and Austrian capital theory.

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A Robinson Crusoe-Based Sociology of Law

LawProperty RightsPhilosophy and Methodology

Blog08/02/2022

How can people deal with conflicts in a peaceful and mutually agreeable way? Mises, Hoppe, and Robinson Crusoe himself point the way.

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Private Institutions Are Not the Enemy of Libertarianism

Economic FreedomStrategy

Blog08/01/2022

All too often, libertarians have equated liberty with atomistic behavior while treating private institutions with scorn. This just in: private institutions are cohesive, not destructive.

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A Political Victory for the Joes Is a Loss for the Country

Big GovernmentBureaucracy and RegulationCronyism and CorporatismInflationPrice Controls

Blog08/01/2022

Sen. Joe Manchin has agreed to support a "Build Back Better" lite that proponents claim will reduce inflation, give us better weather, and "pay for itself" through price controls and taxes. Perhaps we should be wary of such political "victories" for the political elites.

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The Great Reset at Work: The Dystopian Transformation of the Food Industry

Big GovernmentGlobal EconomyProgressivismSocialism

Blog08/01/2022

Fresh off destroying the agricultural economy of Sri Lanka, the Great Reset crowd now is urging people to eat insects in order to combat the food shortages that the self-appointed elites have caused.

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How British Efforts to Enforce Equality Have Led to a Woke Totalitarianism

Legal SystemProperty RightsThe Police State

Blog07/30/2022

The government of the United Kingdom is using coercive means to promote its dubious goals of "diversity and inclusion." In the end, freedom recedes while state power increases.

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Private Property and Customer Safety: Starbucks Learns a Hard Lesson

Media and CultureProperty Rights

Blog07/30/2022

The news that Starbucks is closing sixteen stores due to customer safety concerns exposes the lack of police protection in cities and the problems with allowing noncustomers to remain in stores.

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Rastafarianism's Antistate Beginnings: It's More Than Just Bob Marley's Music

PhilosophyWorld History

Blog07/29/2022

Mention Rastafarianism and most likely Reggae, dreadlocks, and Bob Marley come to mind. However, Rastafarianism helped downtrodden Jamaicans resist the oppressions of colonialism.

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