Mises Wire

The Pentagon Doesn't Want to Report on Its Failed War in Afghanistan

05/02/2019Power & Market

Governments hate accountability, and they hate reporting on their own failed programs, like the war in Afghanistan.

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The Scaremongers Are Wrong about Robots and AI

Labor and WagesPoverty

Blog04/29/2019

Even if a machine were technically capable of providing the same service more cheaply, many consumers are likely to prefer human staff in many cases, including nurses and care providers, entertainers, chefs, and teachers.

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The Problem with the Census

U.S. History

Blog04/23/2019

The Left opposes adding a question on citizenship to the 2020 census form. The answer lies in abolishing all questions except those that count total residents. But that won't happen because the census is used to justify a myriad of government programs.

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The Arbitrary Line Between Legal Bribery and Illegal Bribery

Bureaucracy and RegulationWorld History

Blog04/23/2019

The corruption scandal that now plagues Justin Trudeau goes back to the rather questionable notion that the Canadian government ought to regulate contracts in foreign countries, while also setting an arbitrary distinction between legal and illegal bribery.

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The Student Debt Conundrum

Education

Blog04/20/2019

Given the loose standards and high default rates that plague the student loan machine, the federal government might as well just be handing out credit cards so everyone can buy more stuff with subsidized loans.

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The Economic Recessions of the Late 1970s and Early 1990s

Booms and BustsFinancial MarketsU.S. History

Blog04/18/2019

The most characteristic feature of post-WWII business cycles is that they have originated in deliberately inflationary policies directed by central banks. 

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The Making of Modern Civilization: Savings, Investment, and Economic Calculation

Capital and Interest TheoryPhilosophy and MethodologyPrivate Property

Blog04/17/2019

The fallacy that labor-saving machines create technological unemployment has not only been disproved by theory but also by the whole history of mankind.

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There's Nothing Wrong with Buying Local — Except When Government Tells You To

Blog04/17/2019

Government policies designed to encourage you — or force you — to "buy local" reduce our standard of living while encouraging class conflict.

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