Mises Wire

Tariffs Are an Attack on Natural Rights

Protectionism and Free Trade

Blog09/06/2019

The British opponents of the Corn Laws rightly understood that tariffs and other restrictions on trade are violations of fundamental natural rights, and that they privilege certain entrenched interests at the expense of everyone else.

Read More

How GDP Measures Help Create the Illusion that Money Pumping Grows the Economy

Money and BanksMoney and Banking

Blog09/02/2019

Real GDP does not measure the real strength of an economy, but reflects monetary turnover. Thus, the more money is pumped, the stronger the economy appears to be.

Read More

Why Big Business Prefers Lobbying Government to Competing in the Marketplace

Corporate Welfare

Blog08/29/2019

When corporations can make more money by angling for government favors than they can by serving customers, that is exactly what they are going to do.

Read More

Price-Control Failures, Then and Now

World History

Blog08/29/2019

Price-control schemes have been failing for thousands of years. Now it looks like politicians in Washington are going to give price controls yet another try.

Read More

Mises's Favorite Anglo-American Economists

BiographiesAustrian Economics OverviewHistory of the Austrian School of Economics

08/28/2019Mises Daily Articles
Mises was not one to praise individual economists very often. But he still had his favorites.
Read More

Does the Boom-Bust Cycle Ever Result from Commodity Money?

Money and BanksMoney and Banking

Blog08/26/2019

Would it be possible for the boom-bust cycle to emerge in the free market economy where the central bank does not exist and where gold is money?

Read More

Real Savings Are the Key for Economic Growth

Money and BanksMoney and Banking

Blog08/22/2019

Loose monetary policy can appear to work so long as real wealth is expanding. But money expansion weakens wealth creation over time, eventually leading to slower growth, lost wealth, and economic busts.

Read More

If a Pure Market Economy Is So Good, Why Doesn't It Exist?

Free MarketsWorld HistoryOther Schools of ThoughtPolitical Theory

08/20/2019Mises Daily Articles
"Herein lies the key to changing society — changing public opinion or people's preferences toward government. And the only way people are likely to change their preferences is through education and persuasion; force is ineffective."
Read More
Shield icon wire