Mises Wire

Budget Deficits, not "Neoliberalism," Are To Blame for Argentina’s Crisis

Blog7 hours ago

Socialists contend that Argentina's economic woes were caused by too much "neoliberalism." Yet not even Argentina's alleged neoliberal president Macri did anything to implement any significant reforms in the direction of free markets.

Read More

The Austrian Theory of Efficiency and the Role of Government

11/09/2019The Journal of Libertarian Studies
If one starts with a different view of efficiency and market optimality than the accepted notion of perfect competition then an entirely different set of conclusions relative to government intervention can be reached.
Read More

Chilean Protesters Claim Inequality Made Them Do It

Global Economy

Blog10/31/2019

It's hard to see how burning subway cars and torching businesses will reduce inequality in Chile. But the protestors there claim their violence is justified by the fact some people are richer than others.

Read More

All Human Beings — Not Just Capitalists — Are Self-Interested

Blog10/22/2019

Economists don't claim that self-interest is a moral good. They simply recognize it's an important part of human nature, and that government and social institutions must be designed for the human beings that actually exist — callous self-interest and all.

Read More

Reduced Sentences in Exchange for Lies: A Government Tradition

Legal System

Blog10/09/2019

Governments routinely bribe suspects into accusing others in exchange for reduced sentences. Thus, suspects are willing to say pretty much anything prosecutors want them to. Governments are fine with this.

Read More

Kamala Harris and the Cult of the Presidency

U.S. History

Blog09/23/2019

Kamala Harris has promised to rule by decree if elected president. For her, Congress is little more than an advisory committee. The average voter, of course, ranks even lower than that.

Read More

Walter Bagehot and the Problem of the "Lender of Last Resort"

Money and Banks

Blog09/19/2019

James Grant's new book Bagehot: The Life and Times of the Greatest Victorian, reveals there we can still learn a lot from the world that existed before our modern era of central banking.

Read More

Like Most Government Central-Planning Schemes, Zoning Laws Raise the Cost of Living

U.S. History

Blog09/12/2019

Rising property values are nice for those who own property, but they raise the barriers to home ownership and business startups for everybody else.

Read More
Shield icon wire