Mises Wire

Rand Paul Is Right about the Nazis and Socialism

SocialismWorld History

Blog10/16/2020

Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."

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Central Banks and the Problem with Playing God

Central BanksMoney and Banks

Blog10/16/2020

It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous.

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Why Slave Economies Thwart Entrepreneurial Innovation

CapitalismU.S. HistoryWorld History

Blog10/15/2020

In a slave economy, slave owners seek technological innovations that make slave labor more productive. But they also place inefficient and artificial limits on innovations that might change the established social order.

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India Takes Small Steps toward Economic Freedom with New Agrarian Reforms

Bureaucracy and RegulationFree MarketsPrice Controls

Blog10/15/2020

India's parliament has recently passed new reforms to its long-standing interventionist regime which limits farmers' ability to buy and sell goods. These reforms are badly needed.

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The New Media Has Become like the Old Media—And That Means the Usual Bias

Blog10/14/2020

In social media—as in the established old media—editors, curators, and managers work to promote their own self-described “mainstream” views while excluding as “extreme” the views of everyone else.

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The Recovery Is Stalling. We Need Pro-Market Reforms Now.

Free MarketsMonetary Policy

Blog10/14/2020

Politicians have ignored the threat to small businesses that are failing not because their owners used the wrong strategies, but have been destroyed by the misguided and ineffective forced shutdown.

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The Great Barrington Declaration: A Few Words of Caution

Big GovernmentHealthPolitical Theory

Blog10/14/2020

Although the recommendations of the Great Barrington Declaration would be an improvement over the status quo, the declaration grants far too much power to the state to act in pursuit of an alleged "common good."

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Pandemic Follies: Tyranny Won’t Keep Us Safe

Big GovernmentHealth

Blog10/13/2020

Because politicians have no liability for the economic damage they inflict, they have no incentive to minimize the disruptions they decree.

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