Mises Wire

Want More Investment and Entrepreneurship? Protect Private Property

The EntrepreneurGlobal Economy

Blog06/03/2019

Africa has plenty of hard workers and plenty of natural resources. But private property is not secure there, which means few are willing to invest their capital there.

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Why Economics Needs Philosophy

Austrian Economics OverviewPhilosophy and Methodology

05/31/2019The Austrian
People criticized economics and said “well, there’s something wrong with Austrian economics because it doesn’t depend on verifying things empirically,” Mises wanted to come up with a reply to that, so that was what really got him into philosophy.
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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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Was Bastiat an Economic Theorist?

Right now there is a stimulating online conversation going on about Bastiat's contributions to economic theory in his treatise Economic Harmonies.

05/24/2019Power & Market
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Why Single-Payer Healthcare Is So Bad

HealthTaxes and Spending

05/24/2019Audio/Video
Compared to other types of universal healthcare systems, what we call "single-payer" healthcare is possibly the worst of all.
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Why Turkey's Debt Crisis is a Bigger Risk to the Eurozone than the PIGS

Booms and BustsFinancial MarketsGlobal Economy

Blog05/21/2019

Unlike Greece, Italy or other seriously debt-laden economies, it’s not just government borrowing that’s the main risk to Turkey.

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Why the Elites Look Down on Manual Labor

Labor and Wages

Blog05/18/2019

Alexandria Ocasio-Cortez is aghast that some people like to pick up a few bucks doing work which brings no prestige. This is part of a larger obsession among politicians with de-valuing and working against unglamorous jobs that involve "dirty" work.

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Why Plea Deals Are a Gross Miscarriage of Justice

Legal SystemThe Police State

05/15/2019Audio/Video
Bob Murphy explains why “offering a plea deal” is a horrible practice.
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