Mises Wire

Trump's Tariff May End America's Energy Boom

Protectionism and Free Trade

Blog27 min ago

America's thriving energy sector has boomed in part thanks to inexpensive foreign steel. 

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The Future of Government is Smaller

Decentralization and SecessionEntrepreneurshipPrivate Property


In a truly free society, the scope of government easily can be reduced to a much smaller domain than even many friends of freedom often think.

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The Best Way to Compete with China Is to Free the Economy

Global Economy


There is no danger of China truly freeing its economy and thus really rivaling America's more market-based system. 

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Trade Deficits and Fiat Currencies

03/09/2018Mises Daily Articles
A trade deficit per se is not a sign of a bad economy. Indeed the trade deficit might blossom if the US ever returned to the gold standard.

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The Political Economy of Protectionism

Free MarketsFrom the ArchivesProtectionism and Free TradeU.S. Economy


Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.

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Trump's First Big Economic Mistake


A tariff is a tax on imports. That tax is paid by every American who buys the now-more-expensive product. 

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The Monetary Breakdown of the West

World HistoryGold StandardMoney and BankingOther Schools of Thought

03/07/2018Mises Daily Articles
In March 1968, a crisis of confidence in the dollar on the free gold markets led the United States to effect a fundamental change in the monetary system.

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Thomas Hardy Shows Us The Horror of War vs. The Beauty of Trade

Media and CultureWorld History


Markets and trade offer far more benefit for ordinary people than participation in the state's wars. 

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The End of Cheap Debt Will Bring a Wave of Bankruptcies

Money and BanksMoney and Banking


Even with falling interest rates and high liquidity, there have been spectacular bankruptcies, so imagine what can happen when rates rise.

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Trump’s Protectionist Follies Threaten a Trade War

Global EconomyProtectionism and Free TradeU.S. Economy


What America is facing are the illogical trade policies of an economically illiterate president in the White House. 

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