Mises Wire

The End of Marxian Exploitation Theory

SocialismHistory of the Austrian School of EconomicsPhilosophy and Methodology

Blog08/26/2019

Even Marx was forced to admit that workers were not being paid at subsistence levels, and that capitalism led to a rising standard of living for workers. So in order to save his theory, he redefined the concept of subsistence.

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President's Impact Report — Second Quarter 2019

Blog07/19/2019

See what we've accomplished this quarter! We are proud of our students and events and keep improvement as a constant goal. Thank you to our Members who make all of this possible.

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Agriculture Is Only a Tiny Part of America's Economy — And That's a Good Thing

Protectionism and Free Trade

Blog07/17/2019

Since 1900, the number of American farms in operation has fallen 63 percent. Meanwhile, the American standard of living is far beyond what the farmers of yesteryear could have imagined.

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Want More Investment and Entrepreneurship? Protect Private Property

The EntrepreneurGlobal Economy

Blog06/03/2019

Africa has plenty of hard workers and plenty of natural resources. But private property is not secure there, which means few are willing to invest their capital there.

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The Euro Shows That a Fiat Money System Is More Expensive than We Thought

Blog01/22/2019

A traditional argument for unbacked fiat money was based on the idea it was less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.

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Renew Your Membership and Receive a Copy of "Social Democracy"

Blog12/14/2018

This year, we’re giving away booklets of Hoppe’s essay “Social Democracy” to all our supporters who give $25 or more.

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Double Your Gift with the Year-End 2018 Schlarbaum Match

Education

Blog12/03/2018

Gary Schlarbaum is delighted to match your gift now through December 9. 

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