Mises Wire

Thanks to Lockdowns, American Big Cities May Not Be Worth the Trouble Anymore

Media and CultureU.S. History

Blog54 min ago

Without the culture, the life, the hum, and the energy of the city, without the shopping and walks, the theater or a ball game, city life now has all of the costs and none of the comforts.

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How Walter Williams Helped Me Lose a Job

Blog12/03/2020

Walter Williams believed free markets provided the best way for humans—and especially people born on lower rungs of the economic ladder—to advance materially and in other ways, too.

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Joe Biden Wants a Huge New Tax on Gun Owners

Blog12/03/2020

Biden has proposed a new $200 tax on rifles and magazines, with a $10,000 fine for noncompliance.  Registration involves filling out a thirteen-page form, with fingerprints and a photograph of yourself.

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Slavery: The "Broken Window" of American Economic History

Blog12/03/2020

The "New Historians" can identify the ostensible economic prowess of slavery, but they have ignored the many unseen costs imposed by slave economies.

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New Resolutions for a New Presidential Term

Blog12/03/2020

"Unwinding an illiberal government…the principle that should guide the process is: No special privilege, no trading of special privileges."

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Why Governments Hate Decentralization and "Local Control"

Blog12/02/2020

Decentralized societies that value local customs, institutions, and governments are obstacles to the expansion of the regime's power. Not surprisingly, central governments do all they can to destroy this.

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Privacy, Power, Fiscal Policy, the Poor: Four Reasons to Worry about CBDCs

Central BanksMoney and Banks

Blog12/02/2020

Central bank digital currencies need to be centralized and manipulable to some extent in order to use them to implement monetary policy, which is central bankers' goal. This characteristic makes them a very risky proposition.

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Biden’s Covid "Supply Commander" Is Bad Medicine

CapitalismProduction Theory

Blog12/02/2020

Joe Biden thinks a centrally planned supply chain for healthcare supplies is necessary, because "We can no longer leave this to the private sector." There are many reasons why this is so very wrong. 

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