Mises Wire

A Tale of Two Liberties

LiberalismStrategyWorld History

Blog8 hours ago

In colonial America, "liberty" came to mean rights one possessed outside of government approval. In revolutionary France (and in modern Canada) it has come to mean participation in a political system.

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AB 257: Another Antieconomic California Boondoggle

Big GovernmentLabor and WagesLegal System

Blog08/17/2022

Not satisfied with putting thousands of people out of work with its infamous AB 5 legislation, California lawmakers now are going after fast-food businesses.

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Africa Needs Conventional Fuels, Not Windmills and Solar Panels

Bureaucracy and RegulationFree MarketsProgressivism

Blog08/11/2022

Western elites are using Africa as their little laboratory for renewable energy schemes. Not surprisingly, these initiatives leave Africans in poverty and their economies in tatters.

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After Secession, What Happens to the National Debt?

U.S. HistoryWorld History

Blog08/03/2022

National divorce does happen, and debts are not necessarily repudiated as a result. We can look to examples from Latin America, Eastern Europe, and the Czech-Slovak split. 

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Austrian Economics and the Capital Asset Pricing Model: A Reconcilation?

Financial MarketsCapital and Interest Theory

Blog08/02/2022

Academic finance makes a lot of use of the capital asset pricing model (CAPM), but is it compatible with Austrian economics? Indeed, Austrians do have something to say, thanks to Mises and Rothbard and Austrian capital theory.

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A Robinson Crusoe-Based Sociology of Law

LawProperty RightsPhilosophy and Methodology

Blog08/02/2022

How can people deal with conflicts in a peaceful and mutually agreeable way? Mises, Hoppe, and Robinson Crusoe himself point the way.

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A Political Victory for the Joes Is a Loss for the Country

Big GovernmentBureaucracy and RegulationCronyism and CorporatismInflationPrice Controls

Blog08/01/2022

Sen. Joe Manchin has agreed to support a "Build Back Better" lite that proponents claim will reduce inflation, give us better weather, and "pay for itself" through price controls and taxes. Perhaps we should be wary of such political "victories" for the political elites.

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Austrians vs. Neoclassicists on Monopolies

Big GovernmentFree MarketsMonopoly and Competition

Blog07/28/2022

Neoclassical economists have a rigid view of monopoly producers. Austrians recognize that the only monopolies that create problems have been nurtured by government intervention.

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