Mises Wire

Contract Rights Are Not the Same as Natural Rights

Book Reviews

Blog10/30/2021

Contracts are voidable and thoroughly changeable. They can be totally ignored with the consent of both parties. But natural rights are not like contracts and can't be abolished even with consent.

Read More

The Tragedy of the Government's Ban on Human Organ Sales

Blog10/29/2021

New tech shows some light at the end of the tunnel. But for decades, government bans on a market for human organs has condemned millions of people to early deaths and immense pain. 

Read More

Why Mises Rejected Common Notions of "Progress"

Blog10/29/2021

"It is not true that the masses are always right … ‘Belief in the common man’ is no better founded than was belief in the supernatural gifts of kings, priests, and noblemen.”

Read More

The Fed's Inflation Is behind the Supply Chain Mess

Money and Banks

Blog10/29/2021

The idea that supply chain problems are “driving inflation” gets the causation backward. It’s money supply inflation that’s causing the supply chain problems, not the other way around.

Read More

Where Does Social Order Come From? Not the State.

Blog10/29/2021

The more an economy is centrally planned, the more chaotic are the relationships within it. The freer people are to make their arrangements in the market, the more coordinated things become.

Read More

Three Reasons to Start Taking Secession Seriously

Decentralization and Secession

Blog10/28/2021

All polities come to an end sooner or later. The fanciful America-will-last-forever position is something that should seem plausible only to small children or the hopelessly naïve. 

Read More

Will Price Controls Make a Comeback?

Price Controls

Price controls, or antigouging laws, discourage innovation and sometimes can lead to supplies of goods and services being directed to other markets. In other words, price controls lead to shortages.

Read More

Venezuelans Turn to Gold Nuggets as the Local Currency Implodes

Blog10/28/2021

In one region of Venezuela, gold flakes have become the currency of choice in the region, with prices for commodities and services quoted in grams of gold.

Read More
Shield icon wire