Mises Wire

The Birth of a Monster

The FedMoney and BanksMoney and Banking

02/16/2019Mises Daily Articles
As flaws in the system of fractional-reserve free banking began to appear, private central bank-like institutions known as clearinghouses sprang up, and they helped pave the way for the Fed.
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The Ethics of Capitalism

From the ArchivesLegal SystemPhilosophy and Methodology

Blog02/14/2019

There is no justification for any lawful entrepreneur to feel any sense of guilt in appropriating the results of his or her creative activity.

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The Folly of Minimum Wage Laws

Blog02/14/2019

Wishing people had higher wages doesn't change the fact that it's impossible to make people richer by merely passing a law. Workers can only sustainably be paid more if they produce more. Fortunately, markets offer an answer to this problem.

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The Cure for Poverty

Poverty

01/05/2019Books
The very miracles brought about in our age by the capitalist system have given rise to expectations that keep running ahead even of the accelerating progress, and so have led to an incredibly shortsighted impatience that threatens to destroy the very system that has made the expectations possible.
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The Morality of Fiat Money

Free MarketsSocialism

01/03/2019Books
It is commonly overlooked that the decline of the family as an institution is caused in part by fiat inflation. Perennial inflation slowly but assuredly destroys the family, thus suffocating the earthly flame of morals.
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Trump's Sanctions Meet His Trade War

Protectionism and Free TradeTaxes and Spending

Blog12/25/2018

Tariffs and economic sanctions infringe on the fundamental, God-given right of people to trade with whomever they want.

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The Poor Laws of England

Labor and WagesPovertyTaxes and Spending

12/07/2018Articles of Interest
The Poor Law Amendment of 1834 attempted to address the problem of runaway costs and abuses of the system. With mixed results.
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The Many Ways Governments Create Monopolies

Monopoly and Competition

Blog12/01/2018

Most major sectors in the US economy have been distorted by government policies pushing monopolies and limiting competition.

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