Mises Wire

How Government Roads Expand Police Power in America

The Police StateCalculation and KnowledgePrivate Property

Blog08/20/2020

The case for the privatization of roads has much to recommend it if only in terms of how it would affect the power of the police to detain us, search us, and seize our property.

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How Bailouts and Stimulus Pave the Way for a Lot More Spending on Everything

Blog08/19/2020

If we can spend a few trillion overnight to bail out investors and send out 150 million stimulus checks, why not also launch a universal basic income and a slavery reparations program?

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How Fear and Uncertainty Drives Demand for Gold

InflationFinancial Markets

Blog08/19/2020

Demand for gold tends to increase as faith in government and government intervention in the economy declines.

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How the Lockdowns Will Drive Up Healthcare Costs

Bureaucracy and RegulationHealth

Blog08/18/2020

Government policy has been driving out smaller providers and driving up healthcare costs. The covid-19 lockdowns will only make things worse.

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Howard Buffett on Conscription and American Militarism

U.S. HistoryWar and Foreign Policy

"If [the draft bill] is passed, the House will be shoving down the throats of the American people the despotic concept of 'Theirs not to reason why; Theirs but to do and die.'"

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Hayekian Coercion

Philosophy and Methodology

Blog08/07/2020

The political theorist Douglas W. Rae argues that to get the advantages of Hayekian freedom, everybody should be guaranteed a minimum amount of resources so that they can fully participate in the market.

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How Murray Rothbard's Theory of Entrepreneur-Driven Progress Can Be Applied to Modern Businesses

CapitalismEntrepreneurshipProduction Theory

Blog08/05/2020

To succeed, entrepreneurs must demonstrate superior foresight and judgment, and practice continuous dynamic improvement in their assembly and reassembly of assets to serve the consumer.

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How Central Banks Made the Covid Panic Worse

InflationMedia and CultureSocialism

Thanks to central banks, people now believe the myth that it is possible to shut down the economy and everything will be fine if we just print a lot of new money.  

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