Mises Wire

Kyle Rittenhouse: The Media's Assault on the Rights of the Accused

U.S. History

Blog11/22/2021

The Rittenhouse case has uncovered a major threat to modern American jurisprudence, but not the threat that progressives are claiming.

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Kyle Rittenhouse and the Evil of Generalized Justice

LawMedia and CulturePhilosophyProperty RightsPrivate Property

Blog11/16/2021

Will guilt or innocence in criminal trials increasingly hinge on broader desirable social justice outcomes?

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Kabul's Collapse and DC's Incurable Arrogance

War and Foreign Policy

Blog08/18/2021

There is no reason to expect the Afghanistan debacle to humble Washington policymakers. Korean War fiascos were swept under the rug, paving the way for the Vietnam War. The cycle didn't end there.

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Keynes Said Inflation Fixed the Problems of Sticky Wages. He Was Wrong.

Labor and Wages

Blog07/07/2021

In Keynes's day, wages were being artificially inflated by labor union contracts. Unemployment rose. But then Keynes decided inflation would solve the problem by lowering real wages. Here's why that's a bad idea. 

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Keynes Thought Scarcity Would Disappear in the Near Future. Boy, Was He Wrong.

Book Reviews

Blog05/10/2021

It is not surprising that Keynes looks at the economy from the perspective of a government bureaucrat; this is exactly what, for a significant part of his life, he was. It was for his bureaucratic "service," not his economics, that he was elevated to the peerage.

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Krugman's Keynesianism Has Made Him Wrong about Much More Than Economic Theory

Blog07/16/2020

Paul Krugman famously predicted in 1998 that the internet would prove to be no more important than the fax machine. This error proceeds straight from his lack of economic understanding.

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Keynesians on the Cause of, and Cure for, Depressions

KeynesInterventionismOther Schools of Thought

Blog06/16/2020

Keynes viewed depressions as something that could naturally plague market economies when total spending was insufficient to support full employment. Only with wise oversight could we hope to achieve steady economic growth.

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Krugman: We Need More Unemployment—to Save Us from Unemployment

Booms and BustsLabor and WagesOther Schools of Thought

Blog05/19/2020

Paul Krugman is now claiming that reopening the economy and allowing people to go to work almost surely will cause a depression.

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