Mises Wire

Politicians Are Calling for Lots of "Bold" Plans. Watch Out.

ProgressivismTaxes and Spending

Blog03/16/2020

With both major political parties seemingly uninterested in the long-term fiscal stability of the United States, the only near-term solution for the spendthrift class in Washington, DC, is to either raise taxes or spend recklessly.

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Could the Coronavirus Be Fatal for the EU?

Decentralization and SecessionGlobal EconomyMonetary Policy

Blog03/16/2020

As the nation-states take the brunt of their economic collapses on the chin, they will begin to realise that the EU superstate is little more than an obstructive and costly irrelevance.

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Why "Social" Entrepreneurship Is No Substitute for "Market" Entrepreneurship

EntrepreneurshipPricesValue and Exchange

Blog03/14/2020

Market entrepreneurship is what generates net value in society, whereas social entrepreneurship is primarily the use of that value. 

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Bernie's Socialism vs. Trump's Socialism

Blog03/14/2020

If he were honest, rather than declaring that "America will never be a socialist country," Trump would simply say, "my socialism is better than Bernie's socialism."

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Logic and the Disutility of Labor

Philosophy and MethodologyPraxeology

Blog03/13/2020

Choosing between labor and leisure is not like choosing between apples and oranges. Many people like both kinds of fruit. But labor involves disutility, so a better choice is this: between apples and rotten oranges.

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Left and Right, Many Are Turning toward De Facto Secession—and That's Not a Bad Thing

Anti-PoliticsDecentralization and Secession

Blog03/13/2020

Remember how election day used to be a day of national relief, no matter who won? Regular people were happy that our political warring was over for a while, at least. But we don't live in that country anymore.

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Markets vs. Socialism: Why South Korean Healthcare Is Outperforming Italy with COVID-19

Global EconomyHealth

Blog03/13/2020

The Italians could learn some lessons about healthcare from the South Koreans, who still maintain a robust private market in health insurance.  Although the Koreans have relatively ample resources for COVID-19 patients, Italy's state-dominated system is quickly running out of options.

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Socialist Destructionism

Socialism

Blog03/12/2020

Socialism is not the pioneer of a better and finer world, but the spoiler of what thousands of years of civilization have created. It does not build; it destroys.

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