Mises Wire

Why We Need True History and Good Historians

World History


We must do the hard work of writing good history which tells true stories about markets, the modern state, decentralization, and the tyranny of government health officials.

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What Do Supply and Demand Curves Really Tell Us? Not Very Much

PraxeologyPricesProduction Theory


It is easy to think of supply and demand curves as being key to economic analysis. In reality, they can't tell us much, and emphasizing them actually stands in the way of better understanding economic processes.

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We're Getting Poorer: Price Inflation Grew Faster than Wages Again in September

U.S. Economy


There are only painful options for bringing price inflation under control at this point, and that's all thanks to the Fed's creation of countless bubbles and malinvestments over the past decade. 

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We Need Truth and Beauty

DemocracyProgressivismAustrian Economics OverviewPraxeology


Being right is not enough. Economics must appeal both to truth and beauty, which are inescapably linked.

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We Are Not the Government, but America Is No Longer Anything More than the Government

Decentralization and SecessionU.S. History


In this politicized age, being an American means little more than being subject to the federal government. Yet, as Rothbard noted, we are not "the government," but rather people who are part of like communities, which we should celebrate.

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When Class Identity Overpowers Other Identities: Some Lessons from Slavery

StrategyU.S. HistoryWorld History


While identity politics based on race and gender dominate the political landscape, we forget that class interests can be a powerful tool to bring people together for a cause.

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What Drove the Industrial Revolution in Britain? It Wasn't Slavery

World History


Some claim that slavery was the main reason for the success of the Industrial Revolution in Great Britain, but the answer lies elsewhere.

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What Economics Is

The EntrepreneurAustrian Economics Overview


Learning economics is fundamentally about gaining economic literacy so we can better understand the world we are part of. The real world, not the invented world we find in formalized models.

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