Mises Wire

General Topics

Austrian School

What is Mises Wire?

Mises Wire offers contemporary news and opinion through the lens of Austrian economics and libertarian political economy.

Submitting articles to Mises Wire

Reprints, Permissions & Copyrights

The views expressed on Mises Wire and mises.org are not necessarily those of the Mises Institute.

Capital Accumulation: The Way to Increase Wages

Jacob Maichel

Real higher wages can't be created with a government fiat. Worker productivity must first be increased through greater investment.

Equality and Levelling Down

David Gordon

Egalitarians think that equality has intrinsic value: they advocate it for its own sake, not just to forestall bad consequences. But why is a situation in which some in it have been made better off, and none worse off, worse than one of equality?

What Is the Good Entrepreneur to Do?

Raushan Gross

Some anticapitalists have tried to claim "good" entrepreneurs don't make profit the primary goal. Yet, without profit, an entrepreneur cannot serve the people who depend on him or her for goods and services.

The Pandemic Exposed the Frailty of the Financial System

Fábio Santos

Contrary to Fed assumptions, we are not presently facing a problem of liquidity vis-à-vis Great Recession; we are confronted, instead, with a serious shortage of quality collateral.

Do the Textbooks Get Money and Banking Backwards?

Robert P. Murphy

Over the years a chorus of critics has alleged that the textbook view of how a central banks buys government debt in "open market operations" is backwards. They argue that in reality commercial banks take the lead in making loans without regard to their reserves.

Meet Our Wire Contributors