Mises Wire

Economics Is Not Rocket Science — It's Even More Complicated

Philosophy and Methodology

Blog06/15/2018

Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics. 

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Elon Musk, Crony Capitalist

Bureaucracy and RegulationCronyism and Corporatism

Blog05/25/2018

Government loves to set up "public-private partnerships"  for the benefit of both government and certain favored businesses.

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Economics Doesn't 'Measure' or 'Predict', It Explains

Austrian Economics OverviewPricesValue and Exchange

The purpose of economic science is not to resolve all social problems, nor does it have appropriate tools for this. 

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Economic Warfare

Free Markets

04/25/2018Mises Daily Articles
Pundits use the language of war and strife to depict economic relationships, but economics addresses mutual benefit, or positive-sum games.

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End the War on Gambling

Big Government

Blog04/11/2018

March Madness is over. However, the federal prohibition against gambling on the basketball games continues.

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Economic Policy Matters: The Example of Botswana vs. South Africa vs. Zimbabwe

Big GovernmentGlobal EconomyInterventionism

Blog03/30/2018

There is a very stark contrast between market-friendly Botswana, South Africa, and the statist hellhole of Zimbabwe.

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Europe Is Slowing Down — And It's Already Painted Into a Corner

Blog03/22/2018

With ultra-low interest rates already in place, Europe has nowhere to go when the slowdown intensifies. 

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Economists and the Emergence of Antitrust

Monopoly and Competition

Blog02/23/2018
Economists who believe that there was once a "golden age of antitrust" have never produced any evidence of such an age.

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End the Drug War for These Very Practical Reasons

HealthLegal System

Blog02/20/2018
Drug addiction is indeed a serious problem. But the war on drugs does not lessen this problem, nor does it address the core issues leading to addiction.

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