Mises Wire

What Igbo Culture Teaches Us about Capitalism

World History

Blog05/24/2021

The Igbo ethnic group in Africa is known for entrepreneurship, economic success, and a high degree of individualism. The group's cultural background can help us understand how culture and capitalism reinforce each other. 

Read More

Mises on Nationalism, Colonialism, and the Right of Self-Determination

World History

Blog05/22/2021

Mises argues that the nation has a fundamental and relatively permanent being independent of the transient state (or states) which may govern it at any given time. Thus he refers to the nation as “an organic entity [which] can be neither increased nor reduced by changes in states.”

Read More

Biden's Jobs Plan: More Government Jobs Won't Fix the Economy

Taxes and Spending

Blog05/22/2021

Government jobs may help reduce the official unemployment rate, but they actually damage the economy. After all, most government workers are employed in the business of redistributing wealth and regulating private property. 

Read More

Monetary and Fiscal "Stimulus" Is Undermining the Global Recovery

Booms and Busts

Blog05/22/2021

Today’s calls for a plethora of new government stimulus polices to usher in a "recovery" will only cripple efforts by investors and entrepreneurs to get the global economy back on track. 

Read More

Why the Misuse of the Word "Efficiency" Is Such a Problem

Value and Exchange

Blog05/21/2021

"Efficiency" has largely been demoted from a useful term of analysis and insight to little more than another warning that the government is about to rip you off with another redistribution scheme. 

Read More

Do Austrians "Hate Math"?

Booms and Busts

Blog05/21/2021

Quantitative methods are indeed useful and enlightening in the fields of economic history and descriptive economics. For Mises, however, these fields do not fall within the field of economics, narrowly understood. 

Read More

Does Bitcoin Use "Too Much" Electricity?

Bureaucracy and Regulation

Blog05/20/2021

Elizabeth Warren has decided that bitcoin mining uses "too much" electricity. This raises an important question: Is Senator Warren qualified to decide on the "correct" amount of electricity usage? 

Read More

How Families Fuel Economic Development

Labor and Wages

Blog05/20/2021

Stable families offer better conditions for specialization and economies of scale. This in turn fuels both social and economic development. 

Read More
Shield icon wire