Mises Wire

How "Cultural Distance" between Societies Can Hamper Economic Prosperity

World History

Blog10/06/2021

Cultural disparities between national, linguistic, or cultural groups can prevent the spread of trade and hamper the adoption of useful economic strategies. 

Read More

How Fiat Money Made Beef More Expensive

Beef has become more expensive than pork. Could fiat money have driven resources toward pork-centered "factory farms" and away from less capital-intensive beef production?

Read More

How the "Respectable" Media Serves the Political Elite

Media and CultureU.S. History

Blog09/30/2021

"American media are divided into “respectable” and “non-respectable” media. Respectable media, which are the only ones that are read by the American political elite, and presumably are all that filters down to European readers, are completely biased in favor of social democracy." — Murray...

Read More

How the West Adopted China-Style Lockdowns

Blog09/29/2021

In the face of an “invisible enemy,” many Western nations have implemented emergency measures that were once considered dystopian and wholly incompatible with liberal democracy. 

Read More

How to Cheat with Cost-Benefit Analysis: Double Count the Benefits

Blog09/09/2021

Calculating "multiplier effects" is perhaps the most common method of cheating with benefit-cost analysis. 

Read More

How America Abandoned Decentralization and Embraced the State

Decentralization and Secession

Blog09/04/2021

Political decentralization in modern times has shown itself to be the most potent intellectual restraint on the growth of Leviathan. The Constitution is not enough.

Read More

How to Use Democracy To Deny Human Rights

World History

Blog08/30/2021

A case study from Mauritius shows how democratic institutions are used to prevent true independence for oppressed classes and minorities under the guise of "representation" and "equality." 

Read More

Happy Hour May Be Getting a Little Happier

U.S. History

Blog08/28/2021

Ten states ban happy hour. These laws restrict the sale of alcohol at discounted prices during specially designated times. Unfortunately, many citizens regard these backdoor price controls as perfectly legit. 

Read More