Mises Wire

Why Producer Prices (Like Lumber Prices) Are Rising Faster Than the CPI

Blog11 min ago

Why have prices of building materials soared while consumer prices are relatively stable? This is easier to understand once we reject the myth of monetary neutrality and see how price inflation enters the market in different ways. 

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Can Economics Save Medicine?

Health

Blog06/23/2021

Medicine is absolutely poised for incredible entrepreneurial breakthroughs which will revolutionize not only the practice and delivery of medicine, but how we think about health altogether.

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Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle

Money and Banks

Blog06/23/2021

An increase in the supply of money does not necessarily cause the boom-bust cycle. It is only when more money is created out of nothing that the cycle begins. 

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How Fiat Money Changes Culture

Money and Banks

Blog06/23/2021

The creation and enforcement of fiat money enables larger and more centralized government. Large government programs become possible that were not possible or sustainable under a market-chosen, sound money standard. 

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Why Aren't There More Free Market Surgery Centers and Clinics?

Cronyism and CorporatismHealth

Blog06/22/2021

Just over twenty-four years ago the Surgery Center of Oklahoma began with a simple mission: deliver the highest quality of care at a reasonable and posted price. They've since faced many obstacles from Uncle Sam and his healthcare cronies.

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The Covid Lockdowns Showed Us How Dangerous Social Engineers Have Become

HayekSocialism

Blog06/22/2021

It's fairly easy to destroy the spontaneously created institutions and groups that make up a well-functioning society. But it is nearly impossible to rebuild them once they're destroyed by central planners. 

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John Stuart Mill, "the Marketplace of Ideas," and Minority Opinion

LiberalismPhilosophy

Blog06/22/2021

There is little evidence that Mill advocated an unhampered marketplace of ideas. In fact, there is evidence to the contrary—that he preferred a kind of “affirmative action for unconventional opinions.”

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Missouri Tells the Feds: We Won't Enforce Your Gun Laws

Decentralization and Secession

Blog06/21/2021

The State of Missouri has adopted a new law mandating that state and local officials no longer assist in enforcing federal gun laws. The strategy has already been proven to work in states refusing to enforce federal marijuana laws. 

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