Mises Wire

Is China a Better Trading Partner for Latin America Than the US?

Protectionism and Free Trade

Blog12/30/2019

Some Latin American policymakers seem to think China will offer easy terms for loans and trade agreements. They're wrong. China isn't as rich as many think.

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Butler Shaffer, RIP

12/30/2019Power & Market

Butler Shaffer, a major libertarian legal scholar and theorist, died yesterday.

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In Healthcare, a Little Bit of Market Freedom Goes a Long Way

Cronyism and CorporatismFree MarketsHealth

Blog12/30/2019

Clearly marked prices on private-sector cash-payment surgeries are a great thing. In fact, the competition of for-profit surgery centers drives down prices at more "traditional" (i.e., highly bureaucratized) hospitals.

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How to Write and Understand History

Philosophy and Methodology

Blog12/28/2019

Economic history is possible only because there is an economic theory capable of throwing light upon economic actions. If there were no economic theory, reports concerning economic facts would be nothing more than a collection of unconnected data open to any arbitrary interpretation.

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To Be Useful, Data Needs Theory

Philosophy and Methodology

Blog12/28/2019

Statistical data is merely history, but a competent historian does not simply let the events speak for themselves. He arranges them according to the ideas underlying the general notions he uses in their presentation. He does not report facts as they happened, but only relevant facts.

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What an Independent Britain Could Learn from Singapore

Decentralization and SecessionFree MarketsWorld History

Blog12/28/2019

Singapore left both the British Empire and Malaysia before finally becoming an independent city. It then proceeded to become one of history's most impressive economic success stories.

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Lysander Spooner: Libertarian Pietist

Free MarketsU.S. HistoryPhilosophy and MethodologyPolitical Theory

12/27/2019Mises Daily Articles
Only Spooner realized that it would be compounding crime and error to try to use government to right the wrongs committed by another government.
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Why Marx Was against Individual Rights

SocialismPhilosophy and Methodology

Blog12/27/2019

Karl Marx agreed with Rothbard that individual rights lead to inequality. For Marx, though, this was an argument against rights.

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