Mises Wire

Does the Coronavirus Make the Case for World Government?

3 hours agoPower & Market

Crises of all kinds send ideologues scrambling to explain how such events fit neatly into their worldview.

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Do People Really Seek to Maximize Profit?

Calculation and KnowledgeValue and Exchange

Blog02/04/2020

Economics is not intent upon pronouncing value judgments. It aims at a cognition of the consequences of certain modes of acting.

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Death to Prohibition

Big GovernmentHealthU.S. History

Blog01/17/2020

The repeated failure of prohibition may be just the catalyst that Austrian economics needs to gain traction with the American public.

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Defending the Miser

The EntrepreneurFree MarketsMedia and CultureMoney Supply

01/02/2020Mises Daily Articles
Hoarding is not even a very disruptive process, because for every miser stuffing money into his mattress, there are numerous misers' heirs ferreting it out. This has always been the case, and it is not likely to change drastically.
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Democracy Is Coercive, No Matter What "Civic Republicans" Say

Blog12/06/2019

For an advocate of civil republicanism, you could be drafted into the army, or taxed at very high rates, and that's fine because you participated in a process (democracy) in which you helped pick your own rulers. This view of freedom has a few problems.

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Desocialization of Enterprises: Empowering Venezuelans

SocialismPrivate Property

11/26/2019Quarterly Journal of Austrian Economics
How can state enterprises in Venezuela be desocialized? What would a privatization law look like for Venezuela? The authors describe a proposal to move Venezuela toward free markets.
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