Mises Wire

Thoughts on Tyler Cowen's "State Capacity Libertarianism"

01/01/2020Power & Market

George Mason University economist Tyler Cowen has penned a brief manifesto for "State Capacity Libertarianism."

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Three Ways to Increase Workers' Wages

Labor and Wages

Blog01/01/2020

Many hourly employees in every state are paid higher than they are legally required to be, not because employers are generous, but because of worker productivity and competition over scarce labor.

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Hunter-Gatherers Ravaged the Environment. Industrialization Saved It.

The EnvironmentMedia and CultureWorld History

Blog01/01/2020

Hunter-gatherer societies stripped the local environment of resources and then moved on to another place. There was nothing environmentally responsible about this sort of economy, in spite of modern efforts to portray prehistoric humans as tree huggers.

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Butler Shaffer, RIP

U.S. History

Butler belongs in the pantheon of genuine heroes, along with his friends Murray Rothbard and Burt Blumert. Fortunately for us, another of those heroes, Butler’s friend Ron Paul, is still here to lead us and inspire us.

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Economic Stats Won't Tell Us What Really Causes Recessions

Booms and BustsMoney and Banks

Blog12/31/2019

The mainstream National Bureau of Economic Research definition of recessions is of little value. Real saving, not consumer demand, is the real driver behind economic growth.

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"Rules of Origin" Show Why Trade Agreements Aren't Free Trade

Global EconomyProtectionism and Free Trade

Blog12/31/2019

A “free trade agreement” in practice isn’t simply an index card declaring, “Tariffs on Country X are 0 percent, three cheers for Bastiat!” These are managed trade agreements, with hundreds of pages devoted to detailed regulations that smack of top-down Soviet planning.

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This President Was Impeached for Being Insufficiently Pro-War

12/31/2019Power & Market

There are certainly good reasons to impeach presidents, but Trump's alleged "treason" isn't one of them.

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New Year's Resolutions with F. A. Harper

Big GovernmentU.S. History

Blog12/31/2019

"Truth has a power that cannot be touched by physical force. It is impossible to shoot a truth."

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