Mises Wire

Modern Monetary Collectivism

InflationMoney and BanksOther Schools of Thought

Blog3 hours ago

No, “societal” value is not what you want or think is good, and “we” are not a homogenous entity of observable, aggregated preferences.

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In October, Money Supply Growth Remained Near All-Time Highs

Money Supply

Blog11/30/2020

During October 2020, year-over-year (YOY) growth in the money supply was at 37.08 percent. That's down slightly from September's rate of 37.54 percent, and up from October 2019's rate of 4.8 percent.

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When Governments Confiscate Wealth to Fund Government Programs

Blog11/30/2020

When governments subsidize projects, citizens pay twice—once as taxpayers who indirectly pay the subsidy, and then again as consumers in higher prices for the goods they buy and in reduced consumption.

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How Socialist Dogma Replaces Real Science with "Settled Science"

Media and Culture

Blog11/30/2020

Socialist regimes under the Soviets and the National Socialists silenced scientific theories that appeared to contradict the regime's ideological dogmas. The modern politicization of science is going down that road.

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Why Central Bank Digital Currencies Are a Bad Idea

Blog11/30/2020

The reasons why digital currencies are a bad idea are the same reasons why central banks are sure to implement them.

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Why Marx Never Figured Out How to Distribute Goods in a Socialist Society

Calculation and KnowledgeSubjectivism

Blog11/28/2020

Contra Marx, Mises understood that human desires and needs are not determined merely by biology. 

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The Right to Own a Gun Isn't Just for Americans

Blog11/28/2020

Private firearms ownership decentralizes coercive power, transferring some of it from the state to the private individual. Naturally, political regimes oppose this. But even many non-Americans embrace private arms. 

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Covid Is Just the Latest Excuse for Canada’s Politicians to Violate the Constitution

Blog11/28/2020

If the word “free” is to have any meaning, it should mean something more than whatever freedom remains after the government has finished restricting it.

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