Mises Wire

Let's Stop Ignoring the History of Conquests and Atrocities Committed by Non-Europeans

World HistoryInterventionism

Blog09/29/2020

Unfortunately, conquest and subjugation of others is hardly a trait unique to Europeans.

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Ludwig von Mises’s "Circulation Credit" Theory of the Trade Cycle

Booms and BustsBusiness Cycles

Blog05/14/2020

The latest installment in the Understanding Money Mechanics series summarizes the theory of the business cycle originally published in 1912 by Ludwig von Mises and elaborated by Friedrich Hayek.

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Liberalism and Capitalism

World HistoryPolitical Theory

Blog02/27/2019

A society in which [classical] liberal principles are put into effect is usually called a capitalist society, and the condition of that society, capitalism.

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Latin America Has Fewer Guns, But More Crime

Bureaucracy and RegulationLegal System

Blog11/20/2018

Contrary to myth, Latin America has relatively few civilian-owned guns — either legal or illegal. But this hasn't prevented enduring high rates of violent crime.

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Labor and Capitalist Exploitation: Böhm-Bawerk and the Close of Marx’s System

Political Theory

Blog05/29/2018

Marx was wrong about the basics of value and exchange — and thus was wrong about the relationship between owners and laborers.

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Like Obama, Trump Loves to Make Laws with "a Pen and a Phone"

Protectionism and Free TradeU.S. HistoryPolitical Theory

Blog03/30/2018

So long as he uses a "national security" ploy, a president can raise taxes without so much as a debate in Congress. 

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Lack of Police Accountability Shows the "Social Contract" Isn't Working

Legal SystemTaxes and Spending

Blog02/27/2018

We're told that we pay taxes in return for government "services." But what happens when the state doesn't keep up its end of the bargain?

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L.A. to Worsen Housing Shortage with New Rent Controls

The EntrepreneurPolitical TheoryValue and Exchange

Blog03/29/2017
Housing activists in Los Angeles hope to expand rent control there. This will make the city's housing crisis even worse.
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