Mises Wire

This Christmas, Let's Celebrate a Different Scrooge: Scrooge McDuck

The EntrepreneurMedia and Culture

Scrooge McDuck is the perfect type of a miser: a capitalist-entrepreneur — and the most philanthropic man (duck, I mean) in Duckburg.

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The Japanization of the European Union

Global EconomyInterventionism

Blog12/11/2019

Japan's once-envied economy is now in shambles. The European economy, built on the same shaky tenets, is crumbling, too. Where to go from here?

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The ABC of a Market Economy

Free MarketsU.S. EconomyInterventionism

Blog12/04/2019

This immense cooperative system is known as a free-market economy. It was not consciously planned by anybody. It evolved.

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The Problem of Poverty

World History

Blog11/07/2019

The history of poverty is almost the history of mankind. The ancient writers have left us few specific accounts of it because they took it for granted. It was the normal lot.

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The Late Great State of California

U.S. Economy

Blog10/18/2019

California is now the most taxed and regulated state in the nation. Not surprisingly, life here is becoming less affordable, and less profitable.

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There Are Two Sides to Every Trade. And Both Sides Benefit.

Protectionism and Free Trade

Blog09/25/2019

In a globalized world, nearly every product or service relies on products and services from somewhere else.

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The High Price of a "Free Lunch"

Taxes and Spending

Blog09/06/2019

Most everyone dislikes being taxed to pay for government. So governments turn to borrowing and printing money. But those methods aren't really any less costly than taxation.

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The Coming Regime of the ECB: Radical Centrism

Money and BanksMoney and Banking

In Christine Lagarde and Philip Lane, the EU has two new central bankers who will push the limits of what central banks can do.

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