Mises Wire

Who Really Owns Big Digital Tech?

Big GovernmentBureaucracy and RegulationCronyism and CorporatismU.S. Economy

Blog8 hours ago

Is Big Tech a government creation—as the American Conservative recently claimed—or is it the result of entrepreneurs employing a mechanism created for noncommercial uses? It is both, writes Michael Rectenwald.

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Who Pays Wealth Tax: The Rich or the Poor?

CapitalismLabor and WagesTaxes and Spending


Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity."

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Want to Protect Children? Don't Embrace "Safetyism"

Big GovernmentProgressivismThe Police State


No one seems to support "safetyism," or "helicopter parenting," yet Americans seem obsessed with keeping their children "safe" at all costs. It is not good for children—or their parents.

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Will Global Rate Hikes Set Off a Global Debt Bomb?

Central BanksFinancial MarketsMoney and Banking


All of the excess of unproductive debt issued during the period of complacency will exacerbate the problem in 2023 and 2024.

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Why Did Trussonomics Fail So Quickly?

Big GovernmentEconomic Policy


Liz Truss sought to be another Margaret Thatcher, but her ballyhooed budget numbers did not add up.

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Why Cambridge Philosopher Raymond Geuss Hates Free Markets and Individualism



Geuss claims to be a liberal against liberalism. Given that he has praised Lenin and Mao, that part about being against liberalism is certainly true. 

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Without Easy Money, the Tech Sector Faces Layoffs and Losses

U.S. History


Cheap money in the last decade has meant good times for companies that barely make money and hire employees who barely work. But those times are now ending. 

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World War I: The Great War Was also the Great Enabler of Progressive Governance

The FedU.S. HistoryWar and Foreign PolicyWorld History


Historians praise the US entry into World War I because it enabled an Allied victory. But it also led to the economic disasters of the 1920s and ’30s.

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