Mises Wire

President's Impact Report — Third Quarter 2019

Blog10/18/2019

See what we've accomplished this quarter! We are proud of our students, scholars, and events; and we strive for a higher standard in everything we do. Thank you to our Members who make all of this possible.

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Politics Drops Its Pretenses

Big GovernmentStrategyPolitical Theory

Blog10/15/2019

We need an anti-politics movement just as surely as we need an antiwar movement. 

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Paleolithic People Were Not Primitive Communists

SocialismProduction Theory

Blog10/10/2019

Assuming that some groups of foragers indeed practiced "primitive communism," they would have died out because they had lost the fierce competition with the more economically viable "libertarian" tribes. Communism has never appeared spontaneously and "naturally" in the history of mankind.

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Politicians Have It Backwards, China Has Decreased Its Manipulation of the Yuan. That's Why It's Depreciating.

Global EconomyMoney and BanksMoney and Banking

The depreciation of the yuan since 2014 is more of a response to market movements than a planned devaluation to gain competitiveness illegitimately.

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Power over Nature vs. Power over Man

Blog09/13/2019

One group uses natural resources to increase human wealth through peaceful means. And then others use the power of the state to steal some of that wealth for themselves.

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Price-Control Failures, Then and Now

World History

Blog08/29/2019

Price-control schemes have been failing for thousands of years. Now it looks like politicians in Washington are going to give price controls yet another try.

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Price Stability Is Overrated

Blog08/05/2019

Contrary to popular thinking, we do not need  the central bank to stabilize prices in order to promote economic prosperity. The central bank can neither know the "correct" level at which to stabilize prices, nor can it know the right way to do it.

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Plastic Bans: Imaginary Benefits, Real Costs

Big GovernmentThe Environment

Blog08/03/2019

Proposals to ban single-use plastics is yet another triumph of symbolism over substance. Unfortunately, while the benefits are largely illusory, the costs are quite real.

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