Mises Wire

Southwest's Meltdown Reminds Us We Must End Airlines' Corporate Welfare

Blog01/04/2023

Federal protectionism and bailouts makes it easier for US airlines to survive terrible service, such as mass cancellations or when Southwest imposed a private mask mandate and threw families off flights.

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For Now, Innovation and Entrepreneurship Still Holds a High Place in the USA

Economic FreedomThe EntrepreneurProtectionism and Free Trade

Blog01/04/2023

Despite worries that foreign "competitors" will surpass economic production in the United States, innovation and entrepreneurship are still important here. For now.

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Globalization, Not Globalism: Free Trade versus Destructive Statist Ideology

Big GovernmentCronyism and CorporatismFree MarketsProtectionism and Free Trade

Blog01/04/2023

Relatively free trade and capital mobilization have greatly raised living standards in recent years. Yet those that call themselves globalists are less interested in trade than in unipolar political power, pushing violent, disastrous schemes.

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Police Failures in Philadelphia Have Made Private Policing More Attractive

Bureaucracy and RegulationLegal System

Blog01/03/2023

Because police protection of students is inadequate, Temple University of Philadelphia has hired private police to help keep students safer from crime.

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Central Bankers Are Poor Archers: The Problems and Failures of Inflation Targeting and Price Stability

Central BanksEconomic PolicyThe FedInflation

Blog01/03/2023

Central bankers follow inflation "target" in their pursuit of "price stability." Not surprisingly, they usually miss their targets -- quite badly -- and we now are living one of those moments.

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Money-Supply Growth Turns Negative for First Time in 28 Years

Money Supply

Blog01/02/2023

We're now seeing the first time the money supply has actually contracted since the 1990s. The last time the year-over-year change in the money supply slipped into negative territory was in November of 1994.

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Paradise Valley, Montana: A Study in Free Market Land Conservation

The EnvironmentFree MarketsProperty RightsCalculation and Knowledge

Blog01/02/2023

Americans typically are told that private enterprise wastes resources while government preserves them. Economic truths turn that canard upside down.

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The Friction Ahead in 2023

PoliticsStrategy

Claudio Grass interviews Jeff Deist on the tumultuous year ahead.

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