Mises Wire

The Anticapitalist Front

Media and CultureSocialism

Blog02/12/2020

The rising generation is brought up in an environment that is engrossed in socialist ideas.

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US Mandatory Spending Projected to Increase Over a Trillion Dollars by 2023

Taxes and SpendingU.S. Economy

Blog02/12/2020

Even if discretionary spending stays flat, total government outlays are estimated to increase by more than $1 trillion, significantly above any measure of tax revenues. And that is without considering a possible recession.

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China's Economic Schemes Hurt the Chinese Most of All

Free MarketsGlobal EconomyProtectionism and Free Trade

Blog02/12/2020

Like Trump, I want China to stop manipulating its economy. But not for the same reasons Trump does.

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Small Countries Are Better: They're Often Richer and Safer Than Big Countries

Decentralization and SecessionWorld History

Blog02/11/2020

Smaller countries have often been shown to perform better than large countries in terms of overall income and in economic growth. Also, their populations often enjoy more healthy and safe social environments.

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Why Entrepreneurs Miss Market Opportunities

The Entrepreneur

Blog02/11/2020

Consumers are unpredictable, so it's very easy to miss important entrepreneurial opportunities. Entrepreneurship isn't as easy as it looks.

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The Truth about The Edge of Democracy

Cronyism and CorporatismGlobal EconomyWorld History

Blog02/11/2020

The Edge of Democracy, a new Oscar-nominated documentary about Brazil, gets even basic facts wrong in pushing the idea that Brazil's corrupt and socialist politicians were the saviors of Brazilian democracy.

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Standard Open Market Operations: How the Fed and Commercial Banks "Create Money"

The FedMoney and Banking

Blog02/10/2020

Robert Murphy defines some of the conventional “monetary aggregates,” such as M1 and M2, and gives the textbook rundown of how the Federal Reserve and commercial banking system “create money” when the Fed buys assets and the commercial banks extend new loans.

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Humans Have Goals. And They Value Goods and Services Accordingly.

PraxeologySubjectivismValue and Exchange

Blog02/10/2020

A given goal dictates the specific means that an individual will choose for the attainment of that end. People make choices that they think will help them achieve an end.

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