Mises Wire

The Price-Gouging State

Bureaucracy and RegulationEconomic FreedomInflationPrice Controls

Blog4 hours ago

Politicians and the media are blaming businesses for inflation when, in fact, the skyrocketing prices of nearly everything have a government stamp on them.

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Yes, the US Government Has Defaulted Before

Blog5 hours ago

While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises.

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Why Libertarians Should Support the Multipolar World

Decentralization and SecessionDemocracySecessionWar and Foreign Policy

Blog9 hours ago

Western intellectuals and their political allies are pushing relentlessly toward a unipolar world. Freedom lies in the multipolar direction.

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Why Mises’s Theory of Economic Calculation Still Is Relevant Today

CapitalismSocialismCalculation and Knowledge

Blog02/06/2023

Whether political elites promote outright socialism or interventionism, thanks to the reality of economic calculation, they are advocating a failed economy.

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Managing Money Is as Important as Making It: The Sad Case of Athletes Going Broke

StrategyTaxes and SpendingEntrepreneurship

Blog02/06/2023

The recent case of retired megastar Usain Bolt losing millions of dollars to bad investments highlights the importance of sound money management.

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Subsidizing Higher Education Is Not Creating Widespread External Benefits

Cronyism and CorporatismEducation

Blog02/04/2023

Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people.

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The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments

Booms and BustsThe FedBusiness Cycles

Blog02/04/2023

Economists and pundits mistakenly call the Federal Reserve System's security holdings a portfolio. It is anything but.

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It's Never Too Late to Begin Protesting against the Proposed Central Bank Digital Currency

Monetary PolicyInterventionismMonetary Theory

Blog02/03/2023

The proposed central bank digital currencies are not a new and convenient high-tech form of money. Instead, they are yet another power grab by government authorities, continuing the shameful history of government corruption of money.

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