Mises Wire

Commodity Prices Debunk the "Blame Ukraine" Excuse for Inflation

Global EconomyInflation

Blog36 min ago

Inflationists will blame inflation on anything and everything except the only thing that makes all prices, which are measured in monetary units, rise at the same: Money supply growth rising faster than real economic output.

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Secession Means More Choices, More Freedom, Less Monopoly Power

Decentralization and Secession

Blog06/09/2023

Once states can extend their monopolies over vast expanses of land and cultural regions, states are more easily able to increase their taxation and regulatory power without danger of losing significant amounts of tax revenue due to migration.

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You Can’t Depend on the State to Maintain Public Order

Legal SystemMedia and CultureProgressivism

Blog06/09/2023

Crime is increasing in American cities, but don't count on police to protect you. The Defund the Police movement has less to do with that than most people think.

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Rothbard on Utilitarianism

Other Schools of ThoughtPhilosophy and Methodology

Blog06/09/2023

Modern mainstream neoclassical economics is constructed on utilitarianism. Murray Rothbard challenged that worldview on many fronts.

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It’s Raining Entrepreneurship at a Taylor Swift Concert

Economic FreedomThe EntrepreneurEntrepreneurship

Blog06/09/2023

While rain at an outdoor concert is a nuisance for most attendees, a few entrepreneurs saw not "pennies from heaven," but dollars.

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A Great Man Cannot Salvage a Bad Idea

Media and CultureSocialismWorld History

Blog06/08/2023

Einstein might have been one of history's most brilliant men, but even his great mind could not have made socialism work. Unfortunately, he wasn't smart enough to see that.

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To Avarice No Sanction

Economic FreedomPhilosophySocialism

Blog06/08/2023

What many people call government generosity Leonard Read called avarice.

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Technology Is Meaningless without Entrepreneurship

The EntrepreneurStrategyEntrepreneurship

Blog06/07/2023

While many believe that technology is key to a growing economy, technology is useless without entrepreneurship, which develops uses for technology.

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