Mises Wire

How to Think about Economic Theory

Blog50 min ago

Economics is based on human action as purposeful behavior. This means when people act, they try to achieve something. It does not mean that they are always accurate or do the “right thing."

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How Do We Define Socialism? By What It Does—and Does Not—Do

CapitalismSocialism

Blog09/16/2022

The reality of socialism is that it politicizes life entirely. How that is supposed to improve quality of life remains a mystery.

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How the Fed Helped Create Another Calamity: The Ongoing Emerging Market Debt Crisis

Economic PolicyThe FedInflationStrategy

Blog09/13/2022

The Fed's suppression of interest rates in the USA didn't just affect this nation's economy. It also drove investors to seek higher interest rates in questionable investments.

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How Monarchs Became Servants of the State

Blog09/09/2022

Monarchs created Europe's modern states but lost the ability to control them. Then, having grown beyond the tools that helped monarchs turn themselves into absolute rulers, "the state acquired a life of its own."

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How the Public Lost Trust in the Federal Reserve (Which Should Never Have Been Trusted in the First Place)

The FedInflation

Blog08/17/2022

Between its political happy talk in the contrast to reality and its broken promises, whatever credibility the Fed had in the past is long gone

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How Long Will This Recession Last?

Economic PolicyU.S. Economy

Blog08/16/2022

Bottom line, it’s a recession at the moment; whether it gets worse depends on inflation, and policymakers goofing around whistling past graveyards should give anyone pause.

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How British Efforts to Enforce Equality Have Led to a Woke Totalitarianism

Legal SystemProperty RightsThe Police State

Blog07/30/2022

The government of the United Kingdom is using coercive means to promote its dubious goals of "diversity and inclusion." In the end, freedom recedes while state power increases.

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How to Teach Austrian Economics in the Current Political Atmosphere

Economic PolicyEducationAustrian Economics Overview

Blog07/22/2022

As the US political landscape shifts rapidly and college economics departments become increasingly hostile, the way we teach free-market economics will change.

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