Mises Wire

The Pentagon's Budget from Hell

Blog03/30/2023

Defense funding policies are increasingly influenced by weapons contractors who benefit mightily off the sweat and toil of the American taxpayer.

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Elizabeth Warren’s Contradictory Demands for Easy Money and Strict Financial Regulation

Bureaucracy and RegulationMonetary PolicyMoney and BanksProgressivismU.S. Economy

Blog03/30/2023

Elizabeth Warren blames lack of regulation for the latest banking crisis. But she believes that the easy money regime that is really causing the crisis is perfectly fine.

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Understanding the Difference between Praxeology and Psychology

Philosophy and MethodologyPraxeology

Blog03/30/2023

Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity.

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Governments Can't Blame Inflation on Energy and Putin Anymore

Money and Banks

Blog03/29/2023

We are all poorer, even if headline price inflation is slightly lower. Slowing CPI growth does not mean lower prices, just a slower pace of destruction of the purchasing power of money.

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Is It Real Money or Just Artifice?

Monetary PolicyMoney and BanksMonetary TheoryMoney and Banking

Blog03/29/2023

Money proper is not artifice. It is a physical "thing" of value, acquired through labor and emerging out of the needs of individuals, who through voluntary exchanges determine its value.

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Politics Is Turning Us into Idiots

AntipoliticsPoliticsProgressivism

Blog03/29/2023

From race to gender to nearly everything else, decisions about what is correct or incorrect are made according to politics. This is a recipe for social destruction.

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To Fight the State, Build Alternatives to the State

Blog03/28/2023

The challenge at hand is more than simply opposing the state. Rather, it is necessary to build up, reinforce, and sustain institutions that can offer alternatives to the state.

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Why Most of the World Isn't on Board with the NATO-Russia War

AntipoliticsWar and Foreign Policy

Blog03/28/2023

Many governments support continuing the Ukraine war, but ordinary people in Europe, America, and the developing world fear the war will bring economic disaster. 

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