Mises Wire

This Trade War Won't Make America Great Again

Protectionism and Free Trade

Blog05/31/2019

The trade deficit has increased since President Trump took office, consumer prices are rising, and American industries are losing their competitiveness on the world stage.

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Venezuela's Central Bank Admits the Country's Economy Is a Mess

05/30/2019Power & Market

Among the most striking of the statistics offered by the central bank was 2018's inflation rate of 130,060.2%.

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Government Laws Are Not Contracts

Legal SystemPhilosophy and MethodologyPrivate Property

05/30/2019Mises Daily Articles
Because enforced contract law and full property rights are the foundations of freedom, governance systems should be based on enforceable contracts that defend property rights.
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Every Law "Legislates Morality" — From Abortion to Minimum Wage

Blog05/30/2019

Virtually all laws involve "legislating morality." When people use this phrase they often really just mean "I want laws to back my version of morality, not yours."

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Digital Cash: Another Dangerous New Idea in Monetary Policy

The FedMoney and BanksMoney and Banking

"Digital cash" is the latest terrible idea from those who want to give central banks more power to meddle in the economy.

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Even An-Caps Sometimes Give the State Too Much Credit

Political Theory

05/30/2019Audio/Video
Bob Murphy points out a common fallacy among even self-described anarcho-capitalists, when they blame a social problem on "too little government."
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Will China Reverse Its Trade Surplus with the United States?

Global EconomyProtectionism and Free Trade

Blog05/30/2019

Even if Trump and Xi both desire to reduce America's trade deficit with China, it's unlikely it will shrink in the short term.

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Republics in History

World HistoryOther Schools of ThoughtPolitical Theory

05/29/2019Mises Daily Articles
The great boon of human freedom experienced in earlier decades has, in the long record of thousands of years, been enjoyed by a mere fraction of the people and for only a brief moment in history
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