Mises Wire

The FDA and the Courts Fail to Truly Discipline the Pharmaceutical Industry for Exploiting the Mentally Ill

Big GovernmentCorporate WelfareCronyism and Corporatism

Blog01/07/2023

Does the regulatory system help guarantee safe and effective drugs? Does the system protect drug consumers? Court cases tell us otherwise.

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Again the Government Is Taking Antitrust Action against Microsoft. Again This Is Wrong.

Cronyism and CorporatismEconomic PolicyFree Markets

Blog01/06/2023

The Federal Trade Commission seeks an anti-trust judgment against Microsoft for its move to acquire Activision. Like all other anti-trust action, this one has no economic merits.

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When It Comes to National Prosperity, Don't Forget the Culture

Economic FreedomThe EntrepreneurStrategy

Blog01/06/2023

Progressives claim that poor nations are that way because wealthy nations exploit them through the capitalist system. Cultural institutions, it turns out, are the most important indicators of wealth and poverty.

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The Borders Between US States Are Obsolete

Blog01/05/2023

It's been more than 150 years since most state boundaries were drawn in the US. Since then, demographic and political realities have changed enormously. The boundaries should change too. 

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Rome's Runaway Inflation: Currency Devaluation in the Fourth and Fifth Centuries

InflationWorld HistoryGold StandardMoney and Banking

No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.

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2023: You Wanted Endless Stimulus, You Got Stagflation.

Global Economy

Blog01/05/2023

Unfortunately, when governments all over the world decided to “spend now and deal with the consequences later” in 2020, they also sowed the seeds of a 2008-style problem.

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Southwest's Meltdown Reminds Us We Must End Airlines' Corporate Welfare

Blog01/04/2023

Federal protectionism and bailouts makes it easier for US airlines to survive terrible service, such as mass cancellations or when Southwest imposed a private mask mandate and threw families off flights.

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For Now, Innovation and Entrepreneurship Still Holds a High Place in the USA

Economic FreedomThe EntrepreneurProtectionism and Free Trade

Blog01/04/2023

Despite worries that foreign "competitors" will surpass economic production in the United States, innovation and entrepreneurship are still important here. For now.

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