Mises Wire

Black Markets Show How Socialists Can't Overturn Economic Laws

SocialismWorld History

Blog06/24/2019

In the Soviet Union, any significant goods had two price tags: one real and another virtual. One was the actual black-market price. The other was the "official" government price.

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Brazil's Left Is Cracking Down on Free Speech

World History

Blog06/07/2019

Brazilian authorities here are discontented with our rising skepticism of the state — and they are willing to silence the dissidents.

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Bureaucracy, Legal Immunity, and Prosecutorial Abuse

By making government prosecutors nearly invulnerable to legal accountability, the courts have unleashed a situation which F.A. Hayek described as one in which “the worst get on top.”

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Brexit's Downsides Are Caused by Our Own Government

Global Economy

Blog05/09/2019

Brexit and decentralization are good things, but the unfortuante truth is that harmful post-Brexit policies are equally likely to be imposed by the UK’s own government as by the European bureaucracy.

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Billionaires Aren't Quite As Rich as We Think They Are

PovertyValue and Exchange

Blog04/30/2019

If the Wal-Mart CEO were to take a $1 salary and the company were to spread that over each of the company's workers, each worker would receive a one-time bonus of $10.

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Bernie Tells America: Pull Yourself up by Your Bootstraps!

Blog04/18/2019

Bernie Sanders justifies his millions this way: he worked for it by writing a book. He also says that if you write a book, you could be a millionaire too. It's just that easy!

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Banks use Other People’s Money — So What?

Money and BanksMoney and Banking

Blog02/23/2019

Since we don't know the future, all investment is a type of speculation, and this doesn't mean banks are behaving nefariously when investing other people's money.

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Blue-State Migrants Probably Aren't Turning Your State Blue

U.S. History

Blog02/15/2019

Many states assumed to be "turning blue" actually get more migrants from red states than from blue states. It's also a bad idea to assume that everyone who moves from Illinois agrees with the median voter from Chicago.

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