Mises Wire

In a Crisis, the Most Innovative Entrepreneurs Make the Most Money. That's a Good Thing.

Free Markets

Blog6 hours ago

It is precisely during a crisis that private property, the price mechanism, and the profit and loss system are most important, and when the government can do the most damage.

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Do IP Laws Promote Innovation? Empirical Evidence Suggests the Opposite.

Bureaucracy and Regulation

Blog11/01/2019

Proponents claim intellectual property laws are necessary to promote scientific and artistic innovation. Empirical evidence suggests the opposite is true. 

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Why the State Can't Claim Our "Implied Consent"

Big Government

Blog10/16/2019

The given explanations for "implied consent" to government rule would never pass muster if applied to any private-sector organization.

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New Nobel Winners Are Latest Bad Sign for Economic Theory

Philosophy and Methodology

Blog10/16/2019

The economist’s task is not to demonstrate (empirically) that x is associated with y, but to provide a causal explanation of how x affects y.

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The Coming Whiskey Bubble?

Booms and Busts

Blog08/24/2019

Whiskey production depends on investment in highly specific capital, and it requires a long time horizon. It's a textbook case of the sort of industry that's likely to suffer most in case of an economic bust.

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The Zombie (Company) Apocalypse Is Here

Booms and BustsBusiness Cycles

Blog06/21/2019

The world now has the impossible choice of permanently reduced productivity and slower economic growth — or the mass bankruptcy of a significant percentage of the economy.

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The EU Is "the Embodiment of Bureaucratic Hubris"

Global Economy

The EU retreated from the ideas of free trade, free markets, and competition and turned its attention, resources and intentions towards developing a bureaucratic, regulatory, planning economy approach.

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The Data Don't Speak for Themselves

Blog03/23/2019

Problems with data are yet another reason why empirical science is never “settled.”

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