Mises Wire

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Austrian School

The Interesting Case of the Zaïre—the Question MMT Cannot Answer

Blog04/16/2021Eric Nies

The case of the zaïre currency in the Democratic Republic of the Congo provides strong anecdotal evidence discounting the fiat currency–obsessed modern monetary theory.

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The Plutocrats of Wall Street and Silicon Valley Are Scamming America

Cronyism and CorporatismTaxes and Spending

Blog04/15/2021Ryan McMaken

Free market advocates long ago figured out that the monied classes of bankers and Wall Street operatives were exploiting the "little people" to prop up the fortunes of what is now the billionaire class. The scam is alive and well today.

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The Plan to Save the the Postal Service by Making It Even Worse

U.S. History

Blog04/15/2021Doug French

The post office can't seem to balance its books. So like all monopolists, the postal service plans to "improve" things by increasing prices and making its service even worse.

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Politicians Concerned about Violence Should Start by Ending Their Wars and Their Police State

U.S. History

Blog04/15/2021David R. Iglesias

When politicians claim to deplore violence, its hard to take them seriously when they have a long track record of supporting brutal and arbitrary violence both at home and abroad.

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America’s "Great Men" and the Constitutional Convention

U.S. History

Blog04/14/2021Murray N. Rothbard

The nationalists in favor of a new constitution in 1787 sent their richest, most schooled, and most "distinguished" men. Fortunately for them, ceteris paribus, the more distinguished any given gathering, the more statist and reactionary it will likely be.

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If the Nordic Countries Are Socialist, So Are These Less-Impressive Countries

Global Economy

Blog04/14/2021Eben Macdonald

Have you ever noticed that it's only the wealthy Nordic countries that are singled out as being "socialist"? Places like Greece and Italy, which are more socialistic than Scandinavia, never seem to warrant a mention on this topic.

woman playing with child while laundry machine does the wash

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When Measured by Real-World Outcomes, Capitalism Delivers

World History

Blog04/14/2021Lipton Matthews

If we actually examine the record of markets versus socialist regimes, we find that markets perform much better in terms of income growth, environmental quality, and the empowerment of women.