Mises Wire

End School Compulsory-Attendance Laws

Bureaucracy and Regulation

Blog11 hours ago

Just as people shouldn’t be forced to send their children to church, they shouldn’t be forced to send their children to a state-approved organization for secular education and training.

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Scott Horton Discusses Who’s to Blame in Venezuela, and Explains the Carnage in the Middle East

05/24/2019Audio/Video
Scott Horton returns to the podcast to share his wealth of knowledge on a variety of topics—including his unhappiness with Bob's recent episode on Ilhan Omar.
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Government-Created Monopolies Are Everywhere

Monopoly and Competition

Blog05/23/2019

Throughout American history, politicians have incessantly awarded preferential policies (e.g., “corporate welfare”) to special interests that has allowed them to create monopolies dominating virtually every major market.

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CJay Engel on the Entrepreneurial Life

The EntrepreneurEntrepreneurship

05/21/2019Audio/Video
Doing something entrepreneurial, utilizing your own resources, benefits others and is heroic.
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Per Bylund on Subjective Value

The EntrepreneurEntrepreneurship

05/14/2019Audio/Video
If you truly understand subjective value, you’ll be a great entrepreneur. Hunter Hastings interviews Per Bylund.
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America's Defense Budget Is Bigger Than You Think

War and Foreign Policy

Blog05/13/2019

America's "defense" budget is really more than $1.2 trillion, more than double the Pentagon's official "base budget," once we include all the other related spending like that on "homeland security" and veterans affairs.

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Can a Commodity-Money Economy Co-Exist with a Fiat-Money Economy?

Just as unilateral free trade results in a more solid economy for the countries that adopt it — even within an international economy of protectionism in other countries — so would a commodity-money based economy surrounded by fiat-money economies.

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On Conceptualizing Risk: Breaking the Dichotomy between Knightian Risk and Uncertainty

Austrian Economics OverviewEntrepreneurship

05/07/2019Quarterly Journal of Austrian Economics
What are the different concepts of financial risk? How do Austrian economists conceive of risk, uncertainty, and probability? Christian Hoffmann, parting ways with Mises, provides a taxonomy and cautions about the predominance of probability statistics in the realm of economics and finance.
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