Mises Wire

When Governments Confiscate Wealth to Fund Wasteful Projects

Blog4 hours ago

When governments subsidize wasteful projects, citizens pay twice—once as taxpayers who indirectly pay the subsidy, and then again as consumers in higher prices for the goods they buy and in reduced consumption.

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Why Central Bank Digital Currencies Are a Bad Idea


The reasons why digital currencies are a bad idea are the same reasons why central banks are sure to implement them.

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Why Marx Never Figured Out How to Distribute Goods in a Socialist Society

Calculation and KnowledgeSubjectivism


Contra Marx, Mises understood that human desires and needs are not determined merely by biology. 

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Why Sound Money Is "Green" and Central Banks Aren't

Central BanksThe Environment

Although many central bankers have claimed the central banks are instrumental in ushering in a more green economy, a closer look suggests the opposite is true.

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Why Commies Hate Your Thanksgiving Dinner


In 1923 Lenin released a propaganda pamphlet titled Down with the Private Kitchen. It explained how private dinners with one's family are reactionary, bourgeois, and generally something requiring total destruction. 

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Was the Election Free and Fair? The American Foreign Policy Establishment Doesn't Care.


Regardless of how one feels about Donald Trump, anyone who values fair play, honesty, and the votes of legal voters should want thorough audits and investigations into the election process.

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Why the IMF Is Wrong about Liquidity Traps


As with seemingly everything else, the proposed answer to "liquidity traps" is loose monetary policy. In reality, the answer lies in encouraging savings and investment with sound money. 

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What the Covid Vaccine Hype Fails to Mention



If there were a reduction in mortality from these vaccines, that information would be in the first paragraph of the announcement. But it's not there, which suggests the vaccines aren't as effective as claimed. 

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