Mises Wire

The Anti-Capitalistic Mentality

Media and CultureOther Schools of Thought

9 hours agoAudio/Video
Andy Duncan joins Jeff to review an overlooked classic by Mises: The Anti-Capitalistic Mentality.
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The Balance-of-Payments Myth

Protectionism and Free Trade

Blog05/20/2019

It is not "the US" that imports Japanese or Chinese electrical appliances, but an individual from the US, or a group of Americans. They import these appliances because they believe that a profit can be made. And governments ought not interfere in these transactions.

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Tariffs Are Attacks on Property Rights and Freedom

Protectionism and Free Trade

Blog05/20/2019

Tariffs inflict harm on real people, empowering bureaucracy and the state, while destroying the rights of real-world entrepreneurs and consumers. Yet, some people claiming to support free markets are perfectly fine with this.

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The Regulatory-Industrial Complex

Free MarketsInterventionismOther Schools of Thought

05/17/2019Mises Daily Articles
In every administration, the tools of inflation, borrowing, taxation, and regulation are used to transfer wealth from the people to the government.
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The Gateway Drug Myth

HealthLegal System

Blog05/17/2019

The Time magazine article creating "the gateway drug" myth in the 1970s provided no citations for its claims, except ambiguous references to unnamed “experts.” The evidence remains elusive 40 years later.

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The Fallacy of Identity Economics

05/15/2019Power & Market

The economist Alex Tabarrok recently criticized "identity economics" in a manner reminiscent of Murray Rothbard's criticism of Keynes.

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The Problem with Aggregate "Calculations" of the Value of Immigration

ImmigrationCalculation and Knowledge

Blog05/14/2019

It's impossible to calculate the cost and benefit immigration without considering psychic profit and loss. And the government definitely is in no position to make any calculations at all.

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