Mises Wire

The Problem with the "Robber Baron" Narrative

U.S. HistoryMonopoly and Competition

We're now hearing many calls for more antitrust legislation applied to Big Tech because these firms are allegedly monopolies. But old-fashioned antitrust was a disaster, as will be new efforts against tech companies. 

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Technology Alone Won't End Poverty. We Need Savings First.

Money and BankingProduction Theory


Regardless of how knowledgeable we are and regardless of various technological ideas, without an expanding pool of real savings, expansion in economic growth is not going to emerge.

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The Fight over Economics Is a Fight over Culture

ProgressivismU.S. History


Explaining good economic theory is about explaining how the other side is ripping you off.

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The World Needs a Gold-Backed Deutsche Mark

Money and BanksWorld HistoryGold Standard


Reinstating the mark, a peaceful act by a sovereign country, would create a cascade of monetary reform throughout the world. Europe's trading partners would find the cost of necessary imports rising in terms of their local currencies, forcing them to adopt fiscal and monetary responsibility.

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The Depression of the 1780s and the Banking Struggle

U.S. History


In an unhampered market, there is no such thing as "excess" consumption of imports. But thanks to the creation of monopoly banks like the Bank of North America, an inflationary expansion of bank credit led to an artificial expansion of imports.

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Troop Deployments in Washington Are a Disaster Waiting to Happen

Legal SystemThe Police StateU.S. History


Placing thousands of troops on the streets of the nation’s capital could be a ticking time bomb. The longer the National Guard is deployed in Washington, the greater the peril of a Kent State–caliber catastrophe. 

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The Dystopian Bubble: George Orwell Meets Charles Mackay

Cronyism and CorporatismMedia and CultureU.S. History


The opening pages of the new decade feel like we’re living through a combination of George Orwell’s 1984 and Charles Mackay’s Extraordinary Popular Delusions and the Madness of Crowds.

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The New Right Is All about the Left

Book Reviews


The clear religious nature of progressivism that emerges is clear. The Left has found that racism is the default setting of man, and a person “is able to escape that fallen state” only through their leftish repentance.

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