Mises Wire

The Left Argues Slavery Was an Economic Blessing. Here's Why They Are Wrong.

Labor and WagesU.S. HistoryWorld History

Blog08/20/2019

Slavery was a monstrously unfair and immoral institution. It was also inefficient, compared to a system based on free labor.

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The Rise of Capitalism

Free MarketsHistory of the Austrian School of Economics

08/14/2019Mises Daily Articles
The characteristic feature of capitalism that distinguished it from precapitalist methods of production is capitalism's efforts to make goods and services available to everyone — not just the wealthy.
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The Dangers of Defamation Laws

Bureaucracy and RegulationLegal System

Blog08/14/2019

Even if laws against slander and libel appear good in theory, in practice they are all too often used by the powerful to silence the weak. A respect for free speech demands defamation laws be kept very weak.

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The Six Things Boris Johnson Should Do to Turn the UK Around

Global EconomyMoney and BanksProtectionism and Free Trade

Blog08/14/2019

Brexit is an opportunity to reset economic, monetary, and trade policies. The implications of getting rid of the EU millstone go far beyond the leaving date of 31 October. 

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The Econ Establishment Teams Up To Denounce Judy Shelton

The FedU.S. EconomyMonetary Theory

Blog08/08/2019

Shelton has been condemned by "experts" from both sides, but anybody who would liken the Fed to the Soviet central planners is an independent thinker worth considering.

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The Fed Rate Cut Shows the Fed Is Either Clueless or Lying. Or Both.

Money and BanksMoney and Banking

Blog08/01/2019

With its latest rate cut, the Fed is either caving to pressure from the Trump administration, or the Fed is admitting the economy is weaker than stated. Or the Fed simply doesn't know what's going on.

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The United States Is Not a Nation: The Problem with "National Conservatism"

Decentralization and SecessionU.S. History

Blog07/31/2019

The United States is not a nation. From the very beginning it was more of a collection of various nations united by ideas of political unity and by fairly high levels of tolerance for other groups within that union. The US certainly contains nations, but it was never a single nation.

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The Steel Tariffs Have Failed

Protectionism and Free Trade

Blog07/24/2019

As prices have risen, domestic demand for steel has fallen, meaning steel producers are laying off workers as consumers pay more. 

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