Mises Wire

Do Tariffs Create Prosperity? Challenging the Populist Right on Trade

Protectionism and Free TradeU.S. Economy

Blog08/05/2022

Populists on the right (and left) are claiming that American prosperity came about because of high protective tariffs. But political rhetoric can't replace sound economics.

Read More

Rising "Constitutional Carry" Is a Sign of Failing Trust in Government

U.S. History

Blog08/04/2022

In the past, many Americans may have simply trusted to the regime to provide "law and order." But that sentiment is apparently becoming more and more rare. 

Read More

Despite Our Own Inflation, the Dollar Dominance Takes Down the Yen and Euro

Central BanksInflation

Blog08/04/2022

Even though the Fed has been inflating the US dollar with impunity, neither the yen nor the euro can challenge the USD.

Read More

Economies Cannot Produce Wealth without Patience and Long-Term Horizons

Economic FreedomFree MarketsEntrepreneurship

Blog08/04/2022

People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking.

Read More

After Secession, What Happens to the National Debt?

U.S. HistoryWorld History

Blog08/03/2022

National divorce does happen, and debts are not necessarily repudiated as a result. We can look to examples from Latin America, Eastern Europe, and the Czech-Slovak split. 

Read More

Like Its Irresponsible Northern Neighbor, Mexico Is Also Suffering from Inflation

Central BanksInflation

Blog08/03/2022

Just like the USA, Mexico is being hit with high inflation. This should surprise no one, given the Mexican government's recent economic policies.

Read More

Exponential Growth or State-Powered Stagnation: What Will Be Our Future?

Big GovernmentEconomic FreedomEconomic PolicyFree Markets

Blog08/03/2022

There is a future of capitalism with higher living standards for all. Then there is the alternative: state-directed economic stagnation and runaway inflation.

Read More

Austrian Economics and the Capital Asset Pricing Model: A Reconcilation?

Financial MarketsCapital and Interest Theory

Blog08/02/2022

Academic finance makes a lot of use of the capital asset pricing model (CAPM), but is it compatible with Austrian economics? Indeed, Austrians do have something to say, thanks to Mises and Rothbard and Austrian capital theory.

Read More