Mises Wire

Don't Forget About the Trade War

Global EconomyProtectionism and Free Trade

Blog02/27/2020

Trump clearly views trade in a zero-sum, mercantilist manner, with the country possessing a deficit “losing” and “down.” But continuing the trade war only makes recession more likely for both sides. Luckily China is stalling on committing to a trade agreement.

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Coerced Confessions: How the Plea Bargain Replaced Physical Torture

Legal SystemThe Police State

Blog02/15/2020

When the government created public police forces one hundred years ago, they often relied on torture to extract confessions. But now they have new methods: threatening to pile on new charges until the defendant takes a plea agreement.

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The State Owns You: The Problem with "National Service"

War and Foreign Policy

Blog02/01/2020

All arguments in favor of mandatory service rest on the idea that an individual's life belongs not to him- or herself, but to the state.

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Henry Ford Did More for Workers than Unions Did

Labor and Wages

Blog01/06/2020

Henry Ford's factories had a hard time keeping workers because the work was monotonous. So Ford helped keep workers around through reduced hours, vacation time, and other benefits that are now considered typical.

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Bernie Sanders Wants to Kill Pro Baseball

Corporate WelfareMedia and CultureU.S. History

Blog01/02/2020

Major league baseball wants to cut back the minors in order to cut losses. But Bernie Sanders has other plans that may ultimately help kill pro baseball.

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George Bailey, Capitalist Hero

Media and Culture

Blog12/25/2019

In It's a Wonderful Life, George Bailey was right to oppose Old Man Potter. Potter's fondness for the draft board and his attempt to use the DA to crush his adversary shows Potter had little regard for truly voluntary exchange.

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The Dark Side of the American Dream

Media and Culture

Blog11/22/2019

Paul Cantor's new book provides a new look at how the "American dream" is shown in pop culture as offering both hope and frustration.

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Budget Deficits, not "Neoliberalism," Are To Blame for Argentina’s Crisis

Blog11/14/2019

Socialists contend that Argentina's economic woes were caused by too much "neoliberalism." Yet not even Argentina's alleged neoliberal president Macri did anything to implement any significant reforms in the direction of free markets.

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