Mises Wire

What Chile’s Vote to Change Its Constitution Means for Its Future

Economic FreedomWorld History

Blog7 hours ago

In recent decades, Chile set itself apart from the rest of Latin America with successful market reforms and a stable political system. Average Chileans prospered. But now that's all at risk. 

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Being Pro-union Means Being Antiworker

Blog11/23/2020

The problem with Biden’s Protecting the Right to Organize (PRO) Act is that it would help unions at the expense of the vast majority of American workers.

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China's New Five-Year Plan Exposes the Wishful Thinking behind Socialist Regimes

Blog11/21/2020

The trouble with China’s new five-year plan is that it attempts to solve problems while leaving their underlying structural causes unaddressed. In this it is not unlike the final Soviet five-year plans of the 1980s.

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Pandemics Are Over When the Public Decides They're Over

Blog11/21/2020

Government bureaucrats have their own standards for declaring when a pandemic has "officially" ended. But the de facto ending comes when the public stops paying attention. 

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The Impossibility of "Taxation with Representation"

Taxes and SpendingPolitical Theory

Blog11/21/2020

The slogan "taxation without representation" implies that taxation with representation is both possible and moral. But the idea of political representation is fraught with errors.

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Covid Deaths Mount in France and the Czech Republic as Lockdowns Fail

Big GovernmentHealth

Blog11/20/2020

Most regimes in favor of strict lockdowns in western Europe now have some of the highest covid death rates in the world. And now prolockdown eastern Europe is headed in the same direction. 

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The Evil of American Exceptionalism

Blog11/20/2020

According to Anne Applebaum, those who deny American “exceptionalism,” that is to say, global crusading for “democracy,” are dangerous extremists.

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Why We Need a Free Market in Money

InflationMoney and BanksGold Standard

Blog11/20/2020

A free market in money means real freedom to choose what money we use.  This may mean people turn to gold and silver. Or they may turn to crypto. What's important is that it's market-based money. 

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