Mises Wire

It's All about the Benjamins: Why the Dollar Determines US Policies

Central BanksInflationMonetary PolicyWar and Foreign Policy

Blog4 hours ago

The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's "strength" wages from the USA's self-appointed role as the world's protector.

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How to Do Economics

Blog10/05/2022

Sound economic reasoning highlights a major difference between social sciences and the natural sciences. We cannot rely on observation and measurement to gain understanding of social phenomena.

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Hazlitt's Lesson Restated: New Jersey's Disastrous Ban on Single-Use Plastic

Bureaucracy and RegulationThe Environment

Blog10/05/2022

Virtue-signaling politicians in New Jersey have banned single-use plastic bags, claiming to "help the environment." They need to read Hazlitt's Economics in One Lesson instead.

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An Economic Perspective on Accusing Political Opponents of Racism

AntipoliticsDemocracy

Blog10/05/2022

A winning political strategy, especially among Democrats, is to accuse their political opponents of racism, or at least "closet" racism. Yet simple economic analysis shows such accusations are illogical.

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The Front Lines of the Language Wars

LiberalismPhilosophy and Methodology

Blog10/04/2022

Language is at the front lines of the battle over institutions.

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Government Malinvestment Is Endemic and Ceaușescu's Socialist Romania Excelled in It

SocialismThe Police State

Blog10/04/2022

The former Romanian dictator Nicolae Ceaușescu not only arrested and murdered political opponents but also misdirected vast sums of money toward socialist schemes that failed, leaving Romanians even worse off.

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We Are Not the Government, but America Is No Longer Anything More than the Government

Decentralization and SecessionU.S. History

Blog10/04/2022

In this politicized age, being an American means little more than being subject to the federal government. Yet, as Rothbard noted, we are not "the government," but rather people who are part of like communities, which we should celebrate.

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Environmental and Political Elites Are Destroying Food Production for "Climate" Goals

Big GovernmentBureaucracy and RegulationGlobal Economy

Blog10/03/2022

In pursuing CO2 reductions like Captain Ahab chased Moby Dick, Western elites are destroying much of the world's agriculture base.

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