Mises Wire

The Communism of Broadway and Hollywood

Media and CultureSocialism

Blog12/06/2019

It is noteworthy to remember that no other American milieu was more enthusiastic in the endorsement of communism than that of Hollywood.

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The Washington Post's Double Standard on Immigration and Guns

Blog12/03/2019

The Washington Post supports local governments ignoring laws. Except when those laws restrict private gun ownership.

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The Boom Is Worse than the Bust

Booms and BustsFree MarketsInterventionismMonetary Theory

11/30/2019Mises Daily Articles
The boom produces impoverishment. But still more disastrous are its moral ravages. It makes people despondent and dispirited. The more optimistic they were under the illusory prosperity of the boom, the greater is their despair and their feeling of frustration.
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The Berlin Wall: Doomed by Economics

World History

Blog11/27/2019

The Soviets, the Nazis, the Khmer Rouge — these totalitarian regimes would have failed even without any intervention from geopolitical rivals. The socialist systems would have been conquered not by standing armies, but by economics.

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The Nobel Laureates Are Wrong: Of Course Financial Incentives Matter

Austrian Economics OverviewOther Schools of ThoughtValue and Exchange

Blog11/23/2019

There is a growing drumbeat from some high-profile economists to reassure Americans that large increases in income and wealth taxes won’t distort labor markets. Yet much of their arguments are very misleading.

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The Deep State: The Headless Fourth Branch of Government

Bureaucracy and RegulationLegal SystemWar and Foreign Policy

Blog11/20/2019

School children learn that there are three branches of government. In actual practice, there is a fourth branch, the permanent bureaucracy which includes legions of civilian and military agents, officers, and administrators committed to protecting their own interests.

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There Is No End to History, No Perfect Existence

Free MarketsWorld History

11/20/2019Mises Daily Articles
The fully satisfied individual is purposeless, he does not act, he has no incentive to think, he spends his days in leisurely enjoyment of life. It is certain that living men can never attain such a state of perfection and equilibrium.
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The West Was Never Really an Enemy of Soviet Communism

The Police StateWorld History

Blog11/15/2019

In his new book Judgment in Moscow, Vladimir Bukovsky claims the spirit of the Bolsheviks was never really destroyed. And it has been kept alive with Western help. 

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