Mises Wire

How Human Action and Human Values Determine Prices

SubjectivismValue and Exchange

Blog0 sec ago
Why do individuals pay much higher prices for some goods versus other goods? The common reply to this is the law of supply and demand. What is behind this law?
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Greg Mankiw Loves the Federal Reserve--and the Labor Theory of Value

3 hours agoPower & Market
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Restitution in Theory and Practice

Free MarketsLegal SystemPhilosophy and Methodology

3 hours agoThe Journal of Libertarian Studies
State-centered ideas around crime focus on imprisonment and punishment. But a restitution-centered model would be much better for victims.
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12_1_4_0.pdf

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Capital and Interest in the Austrian Tradition, Part 2 of 3

Austrian Economics OverviewCapital and Interest Theory

7 hours agoAudio/Video
Bob continues his three-part series devoted to Capital and Interest Theory in the tradition of the Austrian School.
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Hysteria Over School Safety Won't Keep Us Safe

Legal SystemU.S. History

Blog11 hours ago

The #NeverAgain movement that arose after last year’s Parkland shootings ignores how government officials cannot be trusted to behave honestly or responsibly to save student lives.

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Yes, Julian Assange Is a Journalist — But That Shouldn't Matter

Media and CultureWorld History

Blog04/18/2019

The Bill of Rights doesn't mention that freedom of speech is restricted to a special class of establishment journalists. Freedom of speech is a universal property right, regardless of what the establishment-media gatekeepers say.

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The Economic Recessions of the Late 1970s and Early 1990s

Booms and BustsFinancial MarketsU.S. History

Blog04/18/2019

The most characteristic feature of post-WWII business cycles is that they have originated in deliberately inflationary policies directed by central banks. 

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Krugman Needs a Lesson on Why Truckers Are Paid Less Now than in the 1970s

Labor and WagesValue and Exchange

Blog04/18/2019

Truckers are paid less now than in the 1970s because government regulators once tightly controlled competition, thus driving up the cost of living for everyone else.

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