Mises Wire

What Would it Take to "Win" the Drug War?

Legal SystemThe Police State

Blog09/11/2018

Proponents claim that if the government just "cracks down" even harder, the drug problem will be solved. The reality in Mexico and the Philippines shows how wrong this idea is.

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What Causes Moral Hazard?

Big GovernmentInterventionism

09/06/2018The Free Market
It is not co-ownership per se that causes moral hazards. They are caused by the uninvited and unwanted co-ownership that springs from interventionism.
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apr08_0.pdf

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Will Cryptos Fulfill Hayek's Vision of Private, De-Nationalized Money

Financial MarketsMoney and BanksMoney and Banking

Blog09/03/2018

With cryptocurrencies, currency competition in the spirit of Hayek has become possible even in the absence of self-limitation by governments.

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Who Is Frank Fetter?

History of the Austrian School of Economics

08/20/2018Audio/Video
Jeffrey Herbener discusses the significant contributions of Frank Fetter (1863–1949) on the implications of the marginalist revolution
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Who is Ludwig von Mises?

BiographiesHistory of the Austrian School of Economics

07/17/2018Audio/Video
Guido Hülsmann highlights the life and work of Ludwig von Mises (1881–1973), arguably the greatest economist of all time.
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Why the Supreme Court Does What the Pentagon Wants

Blog07/03/2018

The Pentagon’s “judicial” system more closely resembles the system that the communist regime in Cuba employs, than any judicial system worthy of the name.

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Who is Frédéric Bastiat?

Legal SystemHistory of the Austrian School of Economics

07/03/2018Audio/Video
The life and work of the 19th century economist and statesman, Claude-Frédéric Bastiat (1801–1850), are highlighted by Guido Hülsmann.
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What Free Trade Really Means

Global EconomyProtectionism and Free TradeU.S. History

Blog04/23/2018

America must reject the false dilemma of managed trade versus regulated trade — and choose free trade.

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