Mises Wire

This Christmas, Let's Celebrate a Different Scrooge: Scrooge McDuck

The EntrepreneurMedia and Culture

Scrooge McDuck is the perfect type of a miser: a capitalist-entrepreneur — and the most philanthropic man (duck, I mean) in Duckburg.

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The Wealth Redistribution Scam that Is "Inflation"

Booms and BustsMoney and Banks

Blog12/24/2019

As money loses its purchasing power, income and wealth are stealthily redistributed. Some individuals and groups of people are enriched at the expense of others.

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Three Arguments Debunking Marx’s Labor Theory of Value

Labor and WagesSocialismOther Schools of Thought

Blog12/21/2019

As dismissive as many of us would like to be toward Marx’s thoroughly debunked labor theory of value, it still holds currency among today’s budding socialists.

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The Disaster of Zimbabwe's Price Controls

Global EconomyWorld History

Blog12/16/2019

Zimbabwe's government has embraced a potent mixture of monetary inflation and price controls. The result has been economic disaster.

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The Economic Consequences of the Peace: 100 Years Later

War and Foreign PolicyWorld HistoryOther Schools of Thought

Blog12/16/2019

John Maynard Keynes's stance on German reparations in the wake of the First World War may have precipitated the rise of Hitler.

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The US Economy Is Being Japanified — Thanks to the Fed

The FedGlobal Economy

Blog12/14/2019

Central bankers are increasingly talking about raising the inflation target above 2 percent. Are negative interest rates next?

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Teacher Unions Destroy School Accountability

EducationTaxes and Spending

Blog12/12/2019

The Clark County School District evaluated itself, and it determined that all the teachers and administrators are doing a great job — and by the way, the union deserves more money.

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The Silicon Valley Gulag

Big GovernmentBook ReviewsU.S. History

Blog12/12/2019

In his new book Google Archipelago, Rectenwald asserts the Google Archipelago re-upping of Marx is not only practically Marxist, but conceptually and structurally so.

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