Mises Wire

Paying People Not to Work Won't Make Us Richer

U.S. Economy


When the government pays people not to work, that means fewer people producing fewer goods. And that means a poorer society. More government spending won't change this fact. 

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Privatize the Police

The Police StatePrivate Property


One big problem a government police force must always face is: What laws really to enforce? Police departments are theoretically faced with the absolute injunction, “enforce all laws,” but in practice scarcity means only some laws are enforced. Which ones?

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People Change Their Minds. That Doesn't Make Them Irrational.

SubjectivismValue and Exchange


Human beings do not have constant value scales, but change their goals constantly as the world around them changes. This habit of changing goals does not make a consumer "irrational."

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Private Security Isn't Enough: Why America Needs Militias

War and Foreign Policy


Private security tends to provide its services to the highest bidder. And you know that almost always ends up being the regime itself. Corn farmers just can’t cut the same kinds of checks that tax farmers can.

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Private Security Apps May Be the Future of Neighborhood Policing

Legal System


We're beginning to see some early attempts by private firms to provide simple, affordable private security beyond wealthy or corporate clients. 

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Public Debt Got a Lot Worse from the Great Recession to the Great Lockdown

Taxes and Spending

Debt accumulation was already unsustainable prior to 2020, but the Great Lockdown has triggered an explosive increase. It may soon be reaching a point of no return for the world's major economies.

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Political Competition vs. Market Competition

Property RightsWorld History


In a market economy, it is not the warlord or strongman who seizes control and lords it over his subjects. Rather, it is the common man as consumer who sets the terms for victory in the marketplace.

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War and Foreign Policy


“When men hire themselves out to shoot other men to order, asking nothing about the justice of their cause, I don’t care if they are shot themselves.”

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