Mises Wire

Popper and the Course of History

Philosophy and Methodology

Blog02/28/2020

Can a scientific law allow us to predict the course of history? Marxists lean in this direction, but Karl Popper says it's impossible. Is he right?

Read More

Why Don't Pro-Tax Millionaires Just Pay More Tax Voluntarily?

Political TheoryPraxeology

Blog02/28/2020

Many rich people publicly support measures to "raise taxes on the rich." This is because the cost of voting to give away $1 million is far lower than the cost of actually giving it away.

Read More

Money Supply Growth Climbs to 36-Month High

The FedFinancial MarketsMonetary PolicyMoney Supply

Blog02/28/2020

During January 2020, year-over-year (YOY) growth in the money supply was at 6.32 percent. That's up from December's rate of 5.53 percent, and up from January 2019's rate of 3.38 percent.

Read More

The US's "Free Trade" Isn't Very Free

Protectionism and Free Trade

Blog02/27/2020

Whether we're talking about the Trump years or not, the idea that the United States embraces unconditional free trade at all costs—while being victimized by foreign protectionists—is based on fantasy.

Read More

Fed-Driven Asset Price Inflation Means You Can Now Buy Less House Than You Could Before

Booms and BustsInflationMonetary Policy

Blog02/27/2020

Central banks are driving asset price inflation in stocks and real estate. That means people holding those assets get richer. But everyone else just gets higher prices.

Read More

Don't Forget About the Trade War

Global EconomyProtectionism and Free Trade

Blog02/27/2020

Trump clearly views trade in a zero-sum, mercantilist manner, with the country possessing a deficit “losing” and “down.” But continuing the trade war only makes recession more likely for both sides. Luckily China is stalling on committing to a trade agreement.

Read More

Henry Hazlitt on Longines Chronoscope

Media and Culture

Blog02/26/2020

Henry Hazlitt cohosted the CBS series Longines Chronoscope from June 16, 1952. The series ran from 1951–55 and featured notable people of the time.

Read More

The Entrepreneurial Advantages of Building Human Capital While Young

The EntrepreneurMedia and Culture

Blog02/26/2020

Everything you learned from family dinner conversations and your culture served to build your human capital. Across the globe, the people of various regions cultivate certain skills that enable individuals to consider entrepreneurship as a viable choice of work.

Read More
Shield icon wire