Mises Wire

Economics 101: More Wealth Means Less Poverty

06/10/2019Power & Market

Tweeting about poverty and wealth is quite instructive. It's obvious that many feel very strongly about it yet know so little.

Read More

Two Reasons Why Socialism Repeatedly Fails

Socialism

Blog05/29/2019

Socialism will always encounter two big problems when regimes attempt to implement it: 1) the impossibility of economic calculation without true market prices, and 2) the lack of an incentive to produce only what consumers actually want. 

Read More

Central Banks' Forecasts Are Basically Garbage

Money and BanksMoney and Banking

Blog05/22/2019

Central banks' economic models repeatedly and incessantly over-estimate economic growth. We can only speculate as to their motivation.

Read More

Tariffs Are Attacks on Property Rights and Freedom

Protectionism and Free Trade

Blog05/20/2019

Tariffs inflict harm on real people, empowering bureaucracy and the state, while destroying the rights of real-world entrepreneurs and consumers. Yet, some people claiming to support free markets are perfectly fine with this.

Read More

"Free" College Won't Improve Education

05/17/2019Power & Market

Colleges already are too dis-connected from market-based rewards for education that teaches real marketable skills. The plans for "free" college would make this even worse.

Read More

Schumpeter vs. Kirzner on Entrepreneurs

The EntrepreneurEntrepreneurship

Blog05/16/2019

A comparison between the two theories of entrepreneurial action suggest that it may be time to drop the use of the words “equilibrium” and “disequilibrium” from economics.

Read More

Can the Fed Keep This Long Cycle Going?

Money and BanksMoney and Banking

Blog05/16/2019

Jerome Powell has lost his faith in a new surge in economic growth. So, it's back to endless stimulus to keep the current cycle going.

Read More

Hazlitt Predicted Economics in Two Lessons

Book ReviewsTaxes and SpendingOther Schools of Thought

Blog05/15/2019

In the words of Henry Hazlitt, "ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors."

Read More
Shield icon wire