Mises Wire

Did Colonialism Impoverish Africa and Asia? Perhaps Not

War and Foreign PolicyWorld History

Blog47 min ago

Decolonization is a popular academic and media buzzword. But is colonialism actually responsible for poverty in developing countries? This question deserves an honest answer.

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The Outbreak of World War I: A Libertarian Realist Rebuttal

DemocracyWar and Foreign PolicyWorld History

Blog5 hours ago

One excuse that political elites give when they drag nations into war is that the conflict was "inevitable" or "unavoidable." Ralph Raico knew better.

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Are Bank Failures a Sign of More Trouble Ahead?

Money and Banks

Blog03/21/2023

Some have wrongly blamed the current bank failures on the Federal Reserve’s interest rate increases. The real problem is how the Fed encouraged the entire financial system to get addicted to easy money. 

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American Dissident: The Legacy of Murray Rothbard

HealthLibertarianismThe Police StateHistory of the Austrian School of Economics

Blog03/21/2023

Murray Rothbard was an elite economist, historian, and avowed enemy of the state. His legacy lives on nearly three decades after his untimely passing.

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Why Governments Waste Resources: The Case of Newfoundland’s Joseph R. Smallwood

Corporate WelfareCronyism and CorporatismTaxes and SpendingCalculation and Knowledge

Blog03/21/2023

Politicians promise economic miracles, but in the end they waste resources and engage in economic destruction. Newfoundland is a case study.

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Donald Trump Is Wrong about Tariffs and Mercantilism

PoliticsProtectionism and Free Trade

Blog03/20/2023

When he was president, Donald Trump raised tariff rates, promising it would revitalize American production. It was a costly boondoggle.

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It Turns Out That Hundreds of Banks Are at Risk

The FedFinancial MarketsMonetary PolicyMoney and BanksU.S. Economy

Blog03/20/2023

Federal authorities want us to believe that by bailing out Silicon Valley Bank, they have prevented a financial crisis. Instead, we will have a crisis with bailouts.

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Socialism Isn't about Creating Economies. It Is about Amassing Political Power

PoliticsSocialismCalculation and Knowledge

Blog03/20/2023

Most socialists are not misguided about how to have a prosperous economy, for that is not their goal.

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