Mises Wire

Three Ways to Increase Workers' Wages

Labor and Wages

Blog01/01/2020

Many hourly employees in every state are paid higher than they are legally required to be, not because employers are generous, but because of worker productivity and competition over scarce labor.

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This President Was Impeached for Being Insufficiently Pro-War

12/31/2019Power & Market

There are certainly good reasons to impeach presidents, but Trump's alleged "treason" isn't one of them.

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To Be Useful, Data Needs Theory

Philosophy and Methodology

Blog12/28/2019

Statistical data is merely history, but a competent historian does not simply let the events speak for themselves. He arranges them according to the ideas underlying the general notions he uses in their presentation. He does not report facts as they happened, but only relevant facts.

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The Problem with Democracy? Letting Everyone Do It

Book Reviews

Blog12/26/2019

We don’t let just anyone repair our homes or perform surgery. So why do we let everyone vote, and, theoretically, let just anyone rule? Jason Brennan’s recommendation is epistocracy: the rule of the knowledgeable.

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The Battle in the War of Ideas

Blog12/26/2019

Our foremost mission is to fight back in the war of ideas, and we must.

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The Place of Human Action in the Development of Modern Economic Thought

Austrian Economics OverviewPolitical Theory

12/25/2019Quarterly Journal of Austrian Economics
The core of any system of economic theory is the explanation of how prices are determined.
Formats

qjae2_1_3.pdf

PDF icon PDF (115.97 KB)
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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 Christmas Truce of World War I

Book ReviewsFree MarketsWar and Foreign PolicyWorld History

12/24/2019Mises Daily Articles
Never forget the Christmas truce of World War I, when troops refused to be pawns of empire for one blessed day.
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