Mises Wire

The Christmas Truce of World War I

Book ReviewsFree MarketsWar and Foreign PolicyWorld History

12/24/2019Mises Daily Articles
Never forget the Christmas truce of World War I, when troops refused to be pawns of empire for one blessed day.
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The Wealth Redistribution Scam that Is "Inflation"

Booms and BustsMoney and Banks

Blog12/24/2019

As money loses its purchasing power, income and wealth are stealthily redistributed. Some individuals and groups of people are enriched at the expense of others.

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Successful Entrepreneurs Learn from a Constantly Changing Marketplace

The EntrepreneurEntrepreneurship

Blog12/24/2019

Successful entrepreneurial strategy incorporates learning of all types from trial and error. What other choice is there for entrepreneurs, since they are not omniscient or omnipresent in market processes?

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Scroogenomics: The Economics of Holiday Gifts

Free MarketsMedia and CultureU.S. EconomyMonetary TheoryPolitical Theory

12/24/2019Mises Daily Articles
With this analysis of gift giving, we're reminded that mainstream economists seem hell-bent on reforming anything they haven't already screwed up.
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Abolish the Office of the First Lady

Media and CultureU.S. History

Blog12/23/2019

Once upon a time, the president was expected to pay for parties and public relations out of his own pocket. Now we have the Office of the First Lady, so taxpayers can now pay her staff to plan opulent parties for wealthy donors and powerful politicians at the White House.

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The American Empire

U.S. History

12/23/2019Articles of Interest
The Roman Empire never doubted that it was the defender of civilization. Americans have added freedom and democracy. Yet the more that may be added to it the more it is the same language still. A language of power.
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How Today's Central Bankers Threaten Civilization

Big GovernmentMedia and CultureMoney and Banks

Blog12/23/2019

Our monetary system, combined with interventionist state policies, causes mass overconsumption, the destruction of wealth, capital consumption, and the destruction of nature. 

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Chile Is in Danger of Becoming Just Another Crisis-Ridden Latin American Country

Media and CultureSocialismWorld History

Blog12/23/2019

Axel Kaiser writes that Chileans’ “advantage is due to an historical accident, which is now coming to an end” and predicted that “Chile will show, in the coming years, that it is nothing more than any other Latin-American country.”

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