Mises Wire

No One Has a Right to a Good Reputation

Blog08/10/2019

In a free society, defamation would be a nonissue. No one would be able to use the courts to punish other people for the things they say or write. The only exception would be if a person voluntarily signed, then violated, a contract agreeing not to say certain things.

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Recycling: Wasting Resources While Claiming to Conserve Them

Bureaucracy and RegulationValue and Exchange

Blog08/02/2019

Recycling isn't free. It requires the use of time and resources, many of which end up wasted. But politicians keep insisting that recycling is always a win-win, even though we have many examples to the contrary.

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"Regulating" Boom and Bust

Blog08/01/2019

There is no reason to believe the next 30 years will be any different. Banks will create booms, the little banks will be allowed to fail, while the large banks are bailed out.

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Is 2019 the New 2006?

Booms and BustsGlobal EconomyU.S. Economy

The main indicators of the economic cycle point to a possible crisis and recession in the US economy. and maybe also in Europe.

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A Bookmaker With the Mind of Mencken

Book Reviews

Blog07/19/2019

After quoting H.L. Mencken’s famous quip, “Nobody ever went broke underestimating the intelligence of the American people,” Andrews wonders, “I don’t know if old H.L. was a bookmaker, but he would have been a great one if he had been.”

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The EU-Mercosur Trade Deal and the Lunacy of Protectionism

Global EconomyProtectionism and Free Trade

Blog07/15/2019

The signing of the EU–Mercosur trade agreement constitutes a starting point — but an unholy alliance between protectionist politicians, agricultural lobbyists, and environmentalists may be forming.

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INDIVIDUTOPIA and the Neo-Liberal "Society"

Socialism

Blog07/06/2019

Mises explained how the liberal society does not encourage isolation of individuals. In fact, “there is no conflict of interest between society and the individual, as everyone can pursue his interest more efficiently in society than in isolation.”

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Alabama Expands Law Allowing Private Police Forces — And the Opposition Goes Nuts

Legal System

Blog06/29/2019

If one is concerned about Briarwood’s new private police force, one also ought to be hysterical over pretty much any police force in the United States. But the state seems to get a pass in areas where non-state entities are treated with suspicion.

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