Mises Wire

Labor and Labor Costs: Using Theory to Understand the Data

Labor and Wages

Blog09/02/2019

Labor is not homogeneous, so data analysis that speaks simply of "labor" and "labor costs" must be treated with extreme caution.

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L.A. Prosecutor Defends Plea Bargains and Challenges Bob’s Vision of AnCap Law Enforcement

Legal System

08/29/2019Audio/Video
Patrick Frey challenges Bob Murphy’s views on plea deals and AnCap society.
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Literature, Culture, and Economics

BiographiesEducationMedia and Culture

07/30/2019The Austrian
Teaching literature has changed now that the humanities have become a species of what is known as grievance studies, concerned with whether a given author is sexist or racist or classist. This is a cultural shift in education, and not for the better.
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Liberation from the Parasite State

Free MarketsWorld HistoryEntrepreneurshipOther Schools of Thought

07/18/2019Mises Daily Articles
Liberalism has many meanings, but I wish to maintain that the most authentic form of liberalism has been concerned above all with two things: the expansion of a free functioning civil society and the restriction of the activity of the state.
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Lincoln and Trump: Two of a Kind?

Blog07/03/2019

Trump haters are concerned that Trump will "stain" the Lincoln Memorial with a speech on Independence Day. But Trump is extremely unlikely to ever match Lincoln's blood-soaked legacy. And that's a good thing.

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Low Price Inflation Means the Fed Will Retreat to Low Rates and Easy Money

Money and BanksMoney and Banking

Blog07/01/2019

Given that Fed policymakers are of the view that a decline in the annual growth of prices is bad for the economy they are most likely to embark on very easy monetary policy in near future.

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Low Inflation Is No Threat to the Economy

Money and BanksMoney and Banking

Blog06/17/2019

What matters is not price rises as such, but the increase in the money supply that sets in motion the exchange of nothing for something or "the counterfeit effect." Business cycles and recessions follow.

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Learning the Right Lessons from D-Day

War and Foreign PolicyWorld History

Blog06/06/2019

Both the battle and the war were unnecessary, but were the products of Great Power hubris and incompetence during and after World War I.

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