Mises Wire

Do People Really Seek to Maximize Profit?

Calculation and KnowledgeValue and Exchange

Blog02/04/2020

Economics is not intent upon pronouncing value judgments. It aims at a cognition of the consequences of certain modes of acting.

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Don't Trust the Government with Breathalyzers and other Forensic Evidence

Legal System

Blog11/16/2019

Government police, analysts, and lab workers have been repeatedly shown using faulty technology, forging documents, and falsifying lab results to arrest, prosecute, and convict innocent citizens.

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Does Milton Friedman's "Plucking Model" Refute Austrian Business Cycle Theory?

Blog11/06/2019

Noah Smith's Bloomberg column praises Milton Friedman's "plucking model" of recessions, where the severity of a bust is connected to the strength of the following recovery. Does this refute Mises' BOOM-BUST theory?

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Deneen's Why Liberalism Failed Attacks a Fake Version of Liberalism

Philosophy and Methodology

Blog07/13/2019

Patrick Deneen lumps everything he dislikes under the label of "liberalism." But one is left wondering if he is familiar enough with liberalism's history to pass judgment on it.

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Do We Really Have a Decade Left to Solve Climate Change?

Big GovernmentThe EnvironmentInterventionism

Blog05/17/2019

The scare tactics from Beto O'Rourke and Alexandria Ocasio-Cortez​ is yet another example demonstrating the farce of the climate change policy debate. 

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Don't Blame Capitalism for the Decline of the Extended Family

Media and CultureWorld History

Blog02/12/2019

People are not economic automatons who necessarily arrange their families in ways that advertisers and employers want them to.

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Democratic Socialism and Regular Socialism Have the Same Goal

Political Theory

Blog01/29/2019

The socialists recognized the many material benefits offered by capitalism. Their mistake was thinking that total equality could be achieved as well.

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Decentralization Is the Solution to the Government Shutdown

Taxes and SpendingU.S. History

Blog01/18/2019

Not everything needs to turn into a nationwide systemic problem when the federal government is a political mess. We ought to decentralize now to limit the damage the feds can do.

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