Mises Wire

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Austrian School

Labor Economics: An Austrian Perspective

InterventionismProduction TheoryValue and Exchange

05/08/2017CoursesPeter G. KleinWalter BlockMark ThorntonBenjamin Powell

This free four-lecture course outlines the Austrian understanding of labor as a factor of production priced in the factor markets.

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Living With Your Parents

Global Economy

Blog12/21/2016Mark Thornton

There is nothing wrong with living with your parents, but not since the Great Depression have there been so many returning to the nest.

Embrace Unilateral Free Trade with the UK — Right Now

Ryan McMaken

Americans ought to begin thinking of trade between the US and the UK as something comparable to trade between California and Idaho.

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Why the Courts Aren't All They're Supposed to Be

Lee Friday

The government accepts no legal obligation to provide specified law enforcement services in exchange for the taxes it forcibly extracts from the citizenry. A clearly defined and voluntarily accepted reciprocal agreement between the government and the citizens has never existed.

The US Economy Is Being Japanified — Thanks to the Fed

Andrew Moran

Central bankers are increasingly talking about raising the inflation target above 2 percent. Are negative interest rates next?

Chilean Protesters Could End Chile's Decades of Progress

José Niño

The history of Latin America is filled with tragic stories of countries reaching great heights — Argentina and Venezuela come to mind — and then falling back to mediocrity. Chile could be next if the protesters get their way.