Mises Wire

The Meat-Packing Myth

Bureaucracy and RegulationU.S. History

Blog5 hours ago

There is a myth that Progressive humanitarians agitated for meat-packing regulations which now protect us from disease. The reality is that the big meat packers themselves wanted regulation to help crush the competition.

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The Fed: Reality Trumps Rhetoric

The FedMoney and BanksMonetary Theory

09/10/2019The Free Market
The Fed would have us believe that it has am impressive record of success in preventing recessions and improving the economy. The actual historical record suggests otherwise.
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The Myth of "Economic Power"

Blog09/07/2019

“Economic power,” then, is simply the right under freedom to refuse to make an exchange. Every man has this power. Political power, on the other hand, is something very different.

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The Myth of Good Government

Free MarketsGlobal EconomyOther Schools of Thought

08/24/2019Mises Daily Articles
One of the great and most persistent errors of classical liberals is to believe in "good government," a government that does "what it is supposed to do." But no state empowered to do what is supposedly necessary will restrain itself to those things. It will expand as much as public opinion will...
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The Impossibility of Equality

Blog08/21/2019

Income can never be equal. Income must be considered, of course, in real and not in money terms; otherwise there would be no true equality.

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The Problem of Immoral Choices in the Marketplace

Bureaucracy and Regulation

Blog08/15/2019

Mises states, quite rightly, that anyone who advocates governmental dictation over one area of individual consumption must logically come to advocate complete dictation over all choices.

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The Triumph of Socialism

World HistoryHistory of the Austrian School of EconomicsOther Schools of Thought

08/13/2019Mises Daily Articles
Things might have been much worse were it not for the efforts of a relative handful of intellectuals who have fought against socialist theory for more than a century. Without them, it might have been 99% in support of socialist tyranny.
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The Social Philosophy of the Austrian Economists

World History

Blog08/10/2019

It was Ludwig von Mises who revealed the intimate connections between Austrian economics and authentic liberalism.

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