Mises Wire

Strikes Always Have Economic Consequences and the Latest UAW Strike Is No Exception

Economic PolicyLabor and WagesSocialismU.S. Economy

Blog09/20/2023

The UAW's strike against US automakers will do long-term damage to the domestic auto industry. Unfortunately, unions and their advocates will learn nothing from this debacle.

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Haiti May Have Won Independence, But It Is Not Independent of Chaos and Poverty

Bureaucracy and RegulationEconomic FreedomWorld History

Blog09/20/2023

Haiti famously won its independence from France during a slave revolt, but being independent has not brought political stability or prosperity. Instead, Haitians struggle to get by in the Western Hemisphere's poorest country.

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Striking Autoworkers Will Only Harm Their Own Livelihoods

The FedLabor and WagesMonetary PolicyU.S. Economy

Blog09/20/2023

Autoworkers are angry at their working situation and are striking for higher wages and a shorter work week. Their anger is misdirected.

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A Ticking Time Bomb: A Huge National Debt Plus Rising Interest Rates

Economic PolicyInflationMonetary PolicyTaxes and Spending

Blog09/19/2023

As the national debt explodes and the federal government ramps up borrowing and spending, borrowing costs increase as well. Ordinary Americans will suffer the effects in due time.

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Is the Gig Economy on the Verge of Destruction?

Bureaucracy and RegulationCronyism and CorporatismEconomic PolicyCalculation and Knowledge

Blog09/19/2023

Thanks to government interventionism and regulation, the once-promising gig economy is foundering. It's time to let entrepreneurs be entrepreneurs.

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Armed Neutrality Is the Only Moral Foreign Policy

World History

Blog09/18/2023

 The interventionist impulse is to alienate, divide, vilify, bomb, kill, and endlessly sow international discord. Yet it is the proponents of peace and trade, we are told, who are the "isolationists." 

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Civilian Control, Unicorns, and Other Bedtime Stories: The Military Does What It Wants

Big GovernmentThe Police StateU.S. History

Blog09/18/2023

Forget the notion that the Armed Forces are under civilian control.What the generals want, the generals get.

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Should We Uncritically Support Organized Labor?

Labor and WagesSocialismStrategyU.S. Economy

Blog09/18/2023

Another Labor Day has passed with the same pro-union rhetoric dominating the media and politics. However, being pro-union is not the same as being pro-labor, especially given that unions often are the most anti-worker entities in our political economy.

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