Mises Wire

Anthony Fauci, the "Learned Ignoramus"

EducationMedia and Culture

Blog04/17/2020

Experts such as Anthony Fauci are experts only in the narrow field of their expertise. They have almost no knowledge or expertise in other fields, including—apparently—the basics of how human societies function.

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A Puzzle about Mises and Conscription

War and Foreign PolicyPhilosophy and Methodology

Blog04/10/2020

Not only are conscripts enslaved, often under brutal conditions, they can be sent to die in battle. Mises opposed conscription, but there was an exception.

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Airline Bailouts Destabilize the Economy and Inflate Asset Prices

Blog04/07/2020

The airline industry has clearly been prone to booms and busts for decades. Yet instead of planning for hard times, these corporate welfare machines called "airlines" use resources to inflate stock value and pad executive salaries.

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A Fallacy about Negative Externalities

Philosophy and MethodologySubjectivism

Blog03/20/2020

Some people use the concept of negative externalities to argue for government to force people toward "what is best for them." An example of this is the call for a consumption tax.

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After Brexit, the Timing of the Coronavirus Couldn't Be Worse for EU Bureaucrats

Bureaucracy and RegulationGlobal Economy

Blog03/18/2020

Eurocrats might be able to get tables in their favoured restaurants more easily while national governments take it on the chin. But this is a temporary situation which could easily evolve into a threat against the union.

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American Socialism Isn't Marxism—but It's Still a Problem

ProgressivismMedia and CultureSocialism

Blog02/29/2020

To effectively counter this brand of American socialism, it is important to properly identify the problem, and to attack with precision.

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Abolish Government Schools

EducationCalculation and Knowledge

Blog02/24/2020

Even if it’s true that some wouldn’t be able to afford schooling without government financial assistance, the idea that this necessitates the government creating and running its own schools is a glaring non sequitur.

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