Mises Wire

Social Security Is a Terrible "Investment"

Taxes and Spending

Blog02/17/2020

Social Security has been a money-losing mess for decades, and it's a major drain on private sector saving and investment.

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China's Economic Schemes Hurt the Chinese Most of All

Free MarketsGlobal EconomyProtectionism and Free Trade

Blog02/12/2020

Like Trump, I want China to stop manipulating its economy. But not for the same reasons Trump does.

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The Economy Is Not a Factory—Nor Should We Try to Make It One

The EntrepreneurCalculation and KnowledgeEntrepreneurship

Blog02/08/2020

The economy is not primarily about the adjustment of capital investment across industries and firms, but about the determination of which industries and types of production will exist—and who will be involved in this future production.

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Intellectual Property: Innovation Should Serve Consumers, Not Producers

Protectionism and Free TradeEntrepreneurship

Blog02/06/2020

Innovations aren't very useful unless they serve consumers in the marketplace. Otherwise, we're pursuing innovation for its own sake, and that isn't progress.

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Protectionism Is Not the Answer to the Canadian Fur Trade’s Problems

Free MarketsProtectionism and Free Trade

Blog01/29/2020

The North American fur trade is in decline. Unfortunately, many think that the solution is for the government to step in to “protect” trappers from market competition.

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Markets Provide Guns Despite Government Restrictions

Bureaucracy and RegulationFree Markets

Blog01/28/2020

In spite of all kinds of restrictions and red tape, consumer demand for firearms remains high, and the industry has found a way to meet that demand—through "80 percent lower receivers."

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The True Costs of Bad Economists, Explained

Calculation and KnowledgePhilosophy and Methodology

Blog01/28/2020

In terms of economics, what currently is should be of very little importance: what matters, and that we should seek to understand, is the process that brought it about and that will create what will be in its place.

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An Introduction to Virginia 2nd Amendment "Sanctuaries"

Legal System

Blog01/20/2020

Although the term “sanctuary” implies comparability to local jurisdictions that refuse to participate in the enforcement of some federal immigration laws, the similarities don’t go beyond the name itself.

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