Mises Wire

Two Views on Social Order: Conflict or Cooperation?

Free MarketsOther Schools of ThoughtPhilosophy and Methodology

10/02/2019Mises Daily Articles
There are two clear and present dangers to liberty. One is known as the Left, and the other is the Right. They seek to use government to mold society into a form they seek, rather than the form that liberty achieves if society is left on its own.
Read More

The State as a Voluntary Institution: A Critique

Blog09/30/2019

We often hear that various government policies are justified because "the people want" this or "we want" that. This belief assumes that dissenting minorities don't matter at all. "We want" is usually nothing more than rank majoritarianism.

Read More

The Ethics of Externalities

Free MarketsPhilosophy and Methodology

09/28/2019Mises Daily Articles
According to the usual justification for government regulation of externalities,almost everything we do is ripe for regulation. Even worse, regulators never admit their prohibitions prevent an incalculable number of positive externalities.
Read More

The Difference Between "Business Fluctuations" and a Recession

Booms and Busts

Blog09/24/2019

Business owners have always made errors, and external factors can lead to economic crises of various sorts. But the cyclical pattern of booms and busts we now see are a result of government interventions not seen in a free marketplace.

Read More

The Meat-Packing Myth

Bureaucracy and RegulationU.S. History

Blog09/19/2019

There is a myth that Progressive humanitarians agitated for meat-packing regulations which now protect us from disease. The reality is that the big meat packers themselves wanted regulation to help crush the competition.

Read More

The Fed: Reality Trumps Rhetoric

The FedMoney and BanksMonetary Theory

09/10/2019The Free Market
The Fed would have us believe that it has am impressive record of success in preventing recessions and improving the economy. The actual historical record suggests otherwise.
Read More

The Myth of "Economic Power"

Blog09/07/2019

“Economic power,” then, is simply the right under freedom to refuse to make an exchange. Every man has this power. Political power, on the other hand, is something very different.

Read More

The Myth of Good Government

Free MarketsGlobal EconomyOther Schools of Thought

08/24/2019Mises Daily Articles
One of the great and most persistent errors of classical liberals is to believe in "good government," a government that does "what it is supposed to do." But no state empowered to do what is supposedly necessary will restrain itself to those things. It will expand as much as public opinion will...
Read More
Shield icon wire