Mises Wire

Subzero Rates Are Coming to the US and the UK

Money and Banks

Blog02/17/2021

Negative rates are a huge transfer of the wealth of savers and real wages to the government and the indebted. A tax on caution. The destruction of the perception of risk that always benefits the most reckless.

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Government Won't Save Us from Big Media

Monopoly and Competition

Blog02/17/2021

It's conservatives, not libertarians, who are naïve about big media power. 

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Technology Alone Won't End Poverty. We Need Savings First.

Money and BankingProduction Theory

Blog02/16/2021

Regardless of how knowledgeable we are and regardless of various technological ideas, without an expanding pool of real savings, expansion in economic growth is not going to emerge.

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Is Math Racist? That Does Not Compute

EducationMedia and CultureWorld History

Blog02/16/2021

Rather than representing “white supremacy,” the evolution of mathematics has been a globe-, race-, and culture-spanning collaboration of advancements, an ongoing development of more effective tools for anyone to use.

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Economists and Psychologists Are Weaponizing Psychology and the Idea of "Rationality"

Bureaucracy and RegulationFinancial MarketsPaternalismPlanning

Blog02/16/2021

Behavioral economists and psychologists define as irrational anything that doesn't fit into a narrow model of behavior. Anything "irrational"—like buying the "wrong" stock—must be fixed with government regulation.

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The Fight over Economics Is a Fight over Culture

ProgressivismU.S. History

Blog02/15/2021

Explaining good economic theory is about explaining how the other side is ripping you off.

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Everything They Don't Like Is Now a Public Health Emergency

Bureaucracy and Regulation

Blog02/15/2021

What will be called a public health issue next? Gun violence (been there), transphobia (done that), religion, private schools and home schools? We would not be the first nation to lose its liberties on the installment plan. 

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Pennsylvanians May Amend Constitution to Stop Endless Lockdowns

Bureaucracy and RegulationDecentralization and SecessionLegal System

Blog02/15/2021

Not only will these amendments reduce the abuse of emergency declarations, but they will also help to decentralize power within Pennsylvania. While covid has allowed the executive branch to run wild, Pennsylvania is actually structured in a way that makes the decentralization of power easier.

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