Mises Wire

Empty Malls and Shopping Centers: How Government Fuels Malinvestments

Booms and BustsCorporate WelfareCronyism and CorporatismInterventionism


The empty shopping mall: a story of how government actions created a huge malinvestment in western Pennsylvania.

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European Shadow Unemployment Is a Real Problem

Money and Banks


There is an undeniable negative trend in European employment and wages that is a direct consequence of constantly increasing intervention in the economy.

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Ethics for Inhumans

PhilosophyPhilosophy and Methodology


Philosopher William MacAskill of Oxford University is calling for "Effective Altruism" as a way to deal with long-term future issues. Reviewer David Gordon finds flaws in MacAskill's moral calculations.

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Economic Growth Requires Savings, Not Money Pumping

Central BanksMonetary Policy


Keynesians believe that economic growth can occur only with an expanding supply of money. Growth doesn't need more money; it needs more savings.

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Economic Progress and Economic Decay: North versus South

Bureaucracy and RegulationCronyism and CorporatismLawU.S. Economy


While high-quality automobiles and other manufactured goods are being produced in the Southeast, northeastern states like New York are falling behind, thanks to progressive governance.

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Eliminating Economic Crises

The FedMonetary PolicyBusiness CyclesGold Standard


Ending the string of economic crises that have occurred the past two decades will happen only when economies can depend upon sound money.

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Economic Calculation and the Great Reset

Economic FreedomProgressivismCalculation and Knowledge


Governments, billionaire elites, and NGOs have a "wonderful" plan for the rest of us called the Great Reset. They need to read Mises to know their plans are madness.

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Europe's Energy Crisis Was Created by Political Intervention

World History


The European electricity market is probably the most state-regulated in the world. More intervention is not going to solve the problems created by politics.

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