Mises Wire

United Airlines Violence Illustrates the Problem with Government Monopolies

Monopoly and CompetitionPrivate Property

Blog04/11/2017
If airlines had monopoly power like states do, they could abuse people a lot more and face far fewer consequences.
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Updating Robert Higgs's "Gross Domestic Private Product"

Booms and BustsTaxes and SpendingBusiness Cycles

Blog02/17/2017
Although once controversial, government purchases are now included in GDP measurements. But, it may be still useful to remove these purchases from GDP.
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Un-PC Lego Making Toys Girls Like

EntrepreneurshipSubjectivismValue and Exchange

01/18/2016Mises Wire
Lego has finally managed to attract girls to their products with the Lego Friends line. In response, feminists have denounced the line for being too "girly." But Lego is just responding to market demand and what Mises called consumer sovereignty.
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