Mises Wire

Ratification: The Struggle For Massachusetts

U.S. History

Blog07/10/2021

Realizing that most voters in Massachusetts were against the new constitution, the Federalists concocted a variety of dirty tricks to ensure a Federalist victory. 

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Record Numbers of Coloradans Are Crossing the Wyoming Border to Buy Illegal Fireworks

World History

Blog07/01/2021

It's possible to buy fireworks in Wyoming that are illegal in Colorado. So Wyoming merchants have placed a number of huge fireworks shops about two minutes from the border. It's quite convenient for Coloradans planning to ignore local laws. 

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Review: Niall Ferguson's Doom: The Politics of Catastrophe

Blog06/30/2021

Niall Ferguson’s new book Doom: The Politics of Catastrophe is timely. But Ferguson may just be telling the reader what he wants to hear. 

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Robots Won't Destroy Us: How Automation Creates Jobs

Labor and WagesCalculation and KnowledgeCapital and Interest TheoryProduction Theory

Blog04/10/2021

The goods created by automation—and the labor freed up by it—become inputs for industries downstream.

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Real Savings Are at the Heart of Lending

Money and Banking

Blog03/30/2021

Trouble emerges once banks start to engage in lending unbacked by real savings, this gives rise to the expansion of credit out of “thin air.”  This in turn sets in motion the menace of the boom-bust cycle.

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Rothbard Explains How to Recover from an Economic Crisis

Booms and Busts

Blog03/05/2021

The answer lies in audacious economic reforms that favor markets and entrepreneurs: liquidate bad investments, let deflation happen, cut government spending, cut taxes, let wages fall.

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Rothbard Roundtable

Blog03/05/2021

We asked some of our writers and scholars to talk about why Rothbard is worth remembering. Here's what they had to say.

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Rothbard's Underappreciated Contributions to Public Goods Analysis

Taxes and SpendingSubjectivismValue and Exchange

The assertion that “tax-financed public goods can make us all better off” is just that: an assertion. As Rothbard showed, there is no reason to just assume consumers would pay for these amenities were they not forced to through taxation. 

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