Mises Wire

Three Reasons to Start Taking Secession Seriously

Decentralization and Secession

Blog10/28/2021

All polities come to an end sooner or later. The fanciful America-will-last-forever position is something that should seem plausible only to small children or the hopelessly naïve. 

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Will Price Controls Make a Comeback?

Price Controls

Price controls, or antigouging laws, discourage innovation and sometimes can lead to supplies of goods and services being directed to other markets. In other words, price controls lead to shortages.

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Venezuelans Turn to Gold Nuggets as the Local Currency Implodes

Blog10/28/2021

In one region of Venezuela, gold flakes have become the currency of choice in the region, with prices for commodities and services quoted in grams of gold.

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How Science So Often Devolves into Quick Fixes and Quackery

Book Reviews

Blog10/28/2021

One mistake we make is to assume that the people who shout the loudest about their research must thus be right, or even know what they’re talking about.

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Protectionism Is Immoral, Unjust, and Corrupt

Blog10/27/2021

If a businessman pulls a gun on a customer and demands 20 percent more for a product, that is robbery. If a politician intervenes to the same effect, it is fair trade.

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Why the Fed's 2 Percent Inflation Standard Is So Bad

Money and Banks

Blog10/27/2021

The world of the 2 percent target is something truly new and worse than what came before. It’s not the same old monetary policy with slightly higher inflation targets.

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Three Ways Government Spending Is Ripping Us Off

Blog10/27/2021

Whether through taxes, debt, or inflation, government spending is about ripping off the productive taxpayers. Argentina's inflation and runaway deficits provide a cautionary tale.

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Monetary Policy and the Present Trend toward Central Planning

Money and Banks

Blog10/26/2021

There is need to realize that the economic policies of self-styled progressives cannot do without inflation. They cannot and never will accept a policy of sound money.

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