Mises Wire

President Pence and VP Harris? It Could Happen.

Political Theory

Blog10/29/2020

Here's one scenario the markets perhaps have yet to consider. Thanks to the Twentieth Amendment, it's possible to end up with Pence winning the White House and Harris becoming VP. 

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No, the Stock Market Isn't a "Leading Indicator" of Economic Prosperity

Blog10/19/2020

In an unhampered economy, stock prices would reflect the availability of savings for investment and capital. But in an inflationary economy, rising stock prices suggest something very different.

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American Police Forces Were Created to Fight Rioters. But Police Probably Made Things Worse.

The Police StateU.S. History

Blog07/29/2020

Contrary to the popular narrative that government police establish law and order, there is good reason to believe that the advent of militarized police in the 1800s led to an escalation of riots and political corruption while offering little law or order.

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When It Comes to Masks, There Is No "Settled Science"

Big GovernmentHealthSocialism

Blog07/28/2020

A survey of the research shows that the science of mask wearing is hardly "settled." And this up-in-the-air nature of it all is a reminder of how immoral it is to impose mandates on people, backed with state violence.

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The First Socialists: The Saint-Simonians and the Utopians

SocialismWorld HistoryOther Schools of Thought

Blog07/13/2020

While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.

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What If We Didn't Have Police at All?

Legal SystemThe Police State

Blog06/10/2020

We already employ a wide variety of nonpolice crime deterrent strategies, from private gun ownership to security cameras to private security. Meanwhile, in spite of the proliferation of police and police departments, crime, rioting, and looting endure.

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Why It's Rational to Fear Cops

Legal SystemThe Police State

Blog06/05/2020

Not all (or even most) police are needlessly violent. But it is rational to conclude, upon seeing a person in a police uniform, that this person can—if he wishes to—abuse his power with near impunity.

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More Protectionism and Regulation Won't Fix the Economy

ImmigrationProtectionism and Free TradeWar and Foreign Policy

Blog05/13/2020

Trade controls and immigration quotas are just more government regulation. And that won't help revive the economy.

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