Mises Wire

How Markets Turn Lousy Products into Great Ones

CoordinationThe EntrepreneurValue and Exchange


Centrally planned economies often stick with terrible ideas for many years. But markets can take bad products, learn from them, and turn them into great products that give the public what it wants and needs.

Read More

How the American Revolution Turned North American Foreign Trade on Its Head

U.S. History


After peace came in 1783, the new republic faced a twofold economic adjustment: to peacetime from the artificial production and trade patterns during the war, and to a far different trading picture than had existed before the war.

Read More

How the Progressives Conquered Corporate America

The Entrepreneur


The concern over concentrated influence of corporate special interests is valid, but not because corporate special interests will prevent economic regulation. The problem is corporate executives consistently agitate for more government control. 

Read More

How the Covid Crisis Exposed the Absurdity of "Certificates of Need"

Bureaucracy and RegulationHealthPrices


We're often told that it is too difficult to access healthcare services in America. So why are "certificate of need" laws being enacted making it harder to create new healthcare facilities? 

Read More

Halfway to Secession: Unity on Foreign Policy, Disunity on Domestic Policy

Decentralization and SecessionU.S. History


Expect opponents of secession and decentralization to start claiming that neither option is acceptable because any big change to the status quo could endanger American "strength" in foreign policy. Don't listen to them. 

Read More

How Government Policy Reduces Fertility

World History


Government policy now ensures that the benefits of children are socialized, while the cost of raising children remains private. If you wanted to reduce families, you couldn’t think of anything better.

Read More

How the State Preserves Itself—and What the State Fears

World History


The gravest crimes in the state's lexicon are almost invariably not invasions of private person or property, but dangers to the state itself: treason, desertion, insurrection, etc. The state does not exist to protect its citizens, but to protect itself.

Read More

Hayek, Friedman, Buchanan: The Villains of "Neoliberalism"

Book ReviewsDemocracyPolitical Theory


According to Brown, Hayek's position against mass democracy is not to be argued against but diagnosed. It is wrong because “democracy” is good—obviously.

Read More