Mises Wire

Troop Deployments in Washington Are a Disaster Waiting to Happen

Legal SystemThe Police StateU.S. History

Blog02/10/2021

Placing thousands of troops on the streets of the nation’s capital could be a ticking time bomb. The longer the National Guard is deployed in Washington, the greater the peril of a Kent State–caliber catastrophe. 

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Jesús Huerta de Soto’s Six Stages of the Austrian Business Cycle: Which Stage Are We in Now?

Booms and BustsMoney and BanksBusiness Cycles

Blog02/10/2021

An unheralded work on the Austrian business cycle that rivals the work of the greats is Jesús Huerta de Soto’s Money, Bank Credit, and Economic Cycles, which outlines a multistate process of boom and bust. 

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AOC and Schumer Want Taxpayer Funding for Covid-19 Funerals

HealthSocialismTaxes and Spending

Blog02/09/2021

Democrats want taxpayer funding for the families of those who died of covid. But, of course, there's no discussion of helping those who died as a result of covid lockdowns, such as those who were denied medical treatment for cancer. 

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The Dystopian Bubble: George Orwell Meets Charles Mackay

Cronyism and CorporatismMedia and CultureU.S. History

Blog02/09/2021

The opening pages of the new decade feel like we’re living through a combination of George Orwell’s 1984 and Charles Mackay’s Extraordinary Popular Delusions and the Madness of Crowds.

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How Markets Turn Lousy Products into Great Ones

CoordinationThe EntrepreneurValue and Exchange

Blog02/09/2021

Centrally planned economies often stick with terrible ideas for many years. But markets can take bad products, learn from them, and turn them into great products that give the public what it wants and needs.

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Understanding Minimum Wage Mandates: Empirical Studies Aren't Enough

Bureaucracy and RegulationLabor and WagesUnemployment

Blog02/09/2021

It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage. 

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Politics and Ideas

U.S. HistoryWorld History

Blog02/08/2021

In the United States, the two-party system of the old days is seemingly still preserved. But this is only a camouflage of the real situation. In fact, the political life of the United States is determined by the struggle and aspirations of pressure groups.

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The New Right Is All about the Left

Book Reviews

Blog02/08/2021

The clear religious nature of progressivism that emerges is clear. The Left has found that racism is the default setting of man, and a person “is able to escape that fallen state” only through their leftish repentance.

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