Mises Wire

Cato's Letters on the "Loveliness and Advantages" of Political Liberty

U.S. HistoryPolitical Theory

Blog08/15/2020

As Ronald Hamowy put it, Cato's Letters is “unmatched for its breadth and vigor in the literature of the period.”

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Coronavirus Panic: From Trillion-Dollar Paternalism to "Cash for Bunkers"

Big GovernmentHealthPrice Controls

Blog03/21/2020

You are not even allowed to ask: "Is the price we’re paying worth it?" or "Is this an abundance of caution, or an overdose?" The "serious people" attack anyone who urges calm and encourages others to adopt a "don’t panic" approach. The new party line is: panic = virtue.

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Christine Lagarde’s New Vision for the ECB

Financial MarketsMoney and Banks

Blog03/04/2020

Although consensus building surely is an important and noble pursuit, one would think that it wouldn't really fall within the purview of a central bank president. It’s been clear for a long time that allowing politics to influence monetary policy carries significant and numerous risks.

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Conservatism: A Vanishing Tradition

U.S. EconomyPhilosophy and Methodology

Blog11/20/2019

Today's neoconservatives have found common cause with the Left in destroying those who disagree with them. In fact, this habit of denying a forum to any and all dissenters has a long tradition in the conservative movement.

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Can Cooperation Replace Competition?

Monopoly and CompetitionValue and Exchange

Blog06/03/2019

Competition and cooperation and not two things in conflict. They are both essential ingredients in a society based on voluntary action instead of violence.

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Capitalism (aka Self-Ownership) Is the Only Moral Economic System

Blog04/05/2019

Capitalism isn't just about rich guys owning the means of production. It's about workers and everyday people also owning their own labor and their own bodies.

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Can Free Private Cities Replace the State?

Decentralization and Secession

Blog03/29/2019

"Free private cities" are similar to microstates but are based on the idea of explicit contractual agreements between residents and the city government. How would these entities function?

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Capitalist "Expropriation": Resentment versus Reality

Political TheoryValue and Exchange

Blog03/27/2019

Being resentful about a business transaction after the fact isn't the same thing as being exploited or abused.

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