Mises Wire

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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Natural and Neutral Rates of Interest in Theory and Policy Formulation

Capital and Interest TheoryHistory of the Austrian School of EconomicsProduction Theory

03/13/2019Mises Daily Articles
The so-called "art of central banking" lies in picking the "right" target interest rate. But, there's no way to know the "correct" rate without giving markets freedom from central bankers.
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The Next Step in Social Security’s Ponzi Scheme

Blog03/13/2019

Social Security has always been a scheme to pile costs on future workers for the benefit of current retirees. Now Congress wants to make things even worse.

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The Eurozone is Slowing, and the ECB Isn't Prepared

Booms and BustsFinancial MarketsGlobal Economy

Blog03/12/2019

The European central bank has no ammunition left with which to address any serious economic downturn.

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China's Slowdown is Exposing the Cracks in the Global Economy

Big GovernmentFinancial MarketsGlobal Economy

Blog03/06/2019

Since 2008, China has amassed a mountain of debt, and continues to operate countless "zombie" companies and money-losing factories.

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