Mises Wire

Europe Can't Afford a New "Green Deal"

The EnvironmentGlobal Economy

Blog02/10/2020

As H. L. Mencken wrote, “For every complex problem there is an answer that is clear, simple, and wrong.” The EU's Green Deal is the latest example.

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Economics: The "Other Side" of Politics

01/24/2020Power & Market

The underlying problem in democracies is widespread economic illiteracy.

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Economic Freedom Reduced Inequality in Chile. But the Left Has Other Plans.

World History

Blog01/14/2020

If Chileans are concerned about inequality, real solutions are likely to be found in combating the central bank and other anti-market institutions.

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Economist: Your Freedom Is Dangerous Because You Might Set a Bad Example

Philosophy and Methodology

Blog01/10/2020

Why should we think that government officials are better at acting “rationally” than those they regulate? Even if we were to concede that smoking deserves to be restricted, why should we think the government can do it in a reasonable way?

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Economic Stats Won't Tell Us What Really Causes Recessions

Booms and BustsMoney and Banks

Blog12/31/2019

The mainstream National Bureau of Economic Research definition of recessions is of little value. Real saving, not consumer demand, is the real driver behind economic growth.

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Economics and the Revolt against Reason

Austrian Economics OverviewHistory of the Austrian School of EconomicsPraxeology

12/21/2019Mises Daily Articles
It is not a conclusive proof of a doctrine's correctness that its adversaries use the police, the hangman, and violent mobs to fight it. But it is a proof of the fact that those taking recourse to violent oppression are convinced of the untenability of their own doctrines.
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Elizabeth Warren Shouldn't Be So Proud that Her Big Plans Are Already "Paid For"

HealthSocialism

Blog12/21/2019

Politicians are very proud when they can say a proposed program is "paid for." But this only means they've identified their intended victims ahead of time. Naming who will be plundered does not justify plunder.

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Embrace Unilateral Free Trade with the UK — Right Now

Protectionism and Free Trade

Blog12/13/2019

Americans ought to begin thinking of trade between the US and the UK as something comparable to trade between California and Idaho.

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