Mises Wire

Will a Credit Crisis Threaten Boris's 2020 Brexit Plans?

Decentralization and SecessionFinancial MarketsGlobal Economy

Blog01/11/2020

Last month's election gave Boris Johnson a strong majority in Parliament, but two economic wildcards could trip his new government up.

Read More

The Inescapability of Law, and of Mises, Rothbard, and Hoppe

Legal SystemPhilosophy and Methodology

01/10/2020The Journal of Libertarian Studies
The Murray Rothbard Memorial Lecture, delivered at the 2019 Austrian Economics Research Conference, discusses anarchistic arguments against the classical liberal and social democratic conceptions of the state.
Read More

Economist: Your Freedom Is Dangerous Because You Might Set a Bad Example

Philosophy and Methodology

Blog01/10/2020

Why should we think that government officials are better at acting “rationally” than those they regulate? Even if we were to concede that smoking deserves to be restricted, why should we think the government can do it in a reasonable way?

Read More

Conservatives Are Increasingly Wrong about Market Freedom

Cronyism and CorporatismLabor and WagesMedia and CultureU.S. History

Blog01/10/2020

The conservative case against market freedom is based on the belief that if change disrupts the status quo in any way, or if companies impose cost reductions that result in a shifting of employment — or even some layoffs — then government should step in and take control.

Read More

A Fearful Fed Keeps Pouring Money into the Repo Market

Blog01/09/2020

Repo markets aren't as liquid as the Fed wants. This could be due to immense amounts of new government debt, or because US Treasurys aren't as risk-free as many assume.

Read More

"Low" Tax Rates Often Mask Much Larger Tax Burdens

Taxes and Spending

Blog01/09/2020

The moral of this economic story is that whenever someone who has an incentive to lowball the burden of a tax is speaking or writing, be careful to look at what happens to take-home income as a better guide to policy.

Read More

Post-Mugabe Zimbabwe Still Faces a Host of Economic Problems

Cronyism and CorporatismPovertyWorld History

Blog01/09/2020

Nothing short of an economic exorcism is needed in Zimbabwe. Looking at what President Mnangagwa has done so far, it doesn’t seem that Zimbabwe is actually serious about making tough reforms.

Read More

If Trump Decides to Start a Nuclear War, No One Can (Legally) Stop Him

War and Foreign Policy

Blog01/08/2020

There's no evidence Trump is more trigger-happy than any other president, but the presidency's unchecked nuclear-launch power will remain a problem both now and with future presidents.

Read More
Shield icon wire