Mises Wire

The German Court's Unexpected Blow to the ECB

Decentralization and SecessionLegal SystemMonetary Policy

Blog05/29/2020

A high German court recently ruled that the European Central Bank has overstepped the bounds of its power. The angry response from high-ranking European bureaucrats tells us a lot about what they want for the EU.

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The Folly of "Ask What You Can Do for Your Country"

Big GovernmentU.S. HistoryPolitical Theory

Blog05/25/2020

Governments often demand that you "ask what you can do for your country," but those governments never guarantee us anything in return for our sacrifice.

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The Clenched COVID Fist of Government

Political Theory

Blog05/14/2020

Governments create nothing, and only excel at coercion and violence. This is why governments are enthusiastic about shutting down economies but seem unsure about how to open them.

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The Real Cost of Anti-Price-Gouging Laws

Price ControlsCalculation and Knowledge

Blog04/08/2020

If buyers aren't allowed to compete in terms of prices, they'll be forced to compete in terms of time waiting, distance traveled, or other real costs.

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The New Euro Stimulus Won't Save the Greek Economy

Monetary PolicyTaxes and SpendingWorld History

The Greeks haven't saved or produced enough to justify their high standard of living compared to other countries of the world. This is a fragile bubble economy made possible by European central bankers.

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The Myth of National Guilt

Media and CultureU.S. HistoryPhilosophy and Methodology

Blog03/06/2020

If we insist on "collective" responsibility assigned to entire nations, then we must naturally punish the innocent along with the guilty.

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The Entrepreneurial Advantages of Building Human Capital While Young

The EntrepreneurMedia and Culture

Blog02/26/2020

Everything you learned from family dinner conversations and your culture served to build your human capital. Across the globe, the people of various regions cultivate certain skills that enable individuals to consider entrepreneurship as a viable choice of work.

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The Medicaid Expansion Cheat

Health

Blog01/27/2020

Proponents of Medicaid expansion pioneered new ways of covering up the true costs of a government program.

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