Mises Wire

Robots Ready to Scoop Ice Cream Jobs

Blog08/02/2019

As Murray Rothbard so rightly put it, minimum wage laws translate into “compulsory unemployment.” They don't provide any jobs. They only outlaw them.

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Rothbard on Our Debt to Society

07/26/2019Power & Market

Robert Nozick's point that we cannot be taxed on the grounds that we are in part 'social products' is taken from  Murray Rothbard's Power and Market.

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Rothbard on Slavery Reparations

07/12/2019Power & Market

Rothbard considered how we might determine reparations for stolen land.

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Returns, Refunds, and Opportunity Cost

The EntrepreneurEntrepreneurship

Blog06/28/2019

A business owner who cannot understand why a customer is not happy — or even very disappointed — with getting a full refund for a faulty product has failed to grasp some very fundamental economic concepts.

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Rest Easy, Justin

06/27/2019Power & Market

Justin Raimondo, longtime editor of AntiWar.com and a great friend of the Mises Institute, has died.

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Review: Austerity: When It Works and When It Doesn’t

Taxes and Spending

06/27/2019Quarterly Journal of Austrian Economics
Mark Thornton reviews Alesina, Favero, and Giavazzi's book, which argues that austerity plans based on tax increases fare much worse than plans based on reducing expenditures.
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Review: Capitalism in America: A History

U.S. History

06/25/2019Quarterly Journal of Austrian Economics
Joakim Book reviews Greenspan and Wooldridge's 'Capitalism in America .' What could go wrong with a book from a former Fed chairman? Quite a lot!
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Richard Cantillon As a Proto-Austrian

History of the Austrian School of EconomicsMoney and BankingProduction Theory

06/23/2019Audio/Video
Jeff Deist and Mark Thornton discuss the works of one of the fathers of modern economics: Richard Cantillon.
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