Mises Wire

Why "Stakeholder Capitalism" Is a Disaster for Entrepreneurs

The Entrepreneur

Blog58 min ago

The driving force behind the stakeholder capitalism philosophy is precisely that it creates opportunities for political actors to assert disproportionate control over the economy’s resources. 

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Why Dominion’s Defamation Lawsuits Are Garbage

Bureaucracy and RegulationLaw

Blog1 hour ago

Dominion Voting Systems is a private company in name only. It is a de facto government agency which gets its revenue through taxpayer exploitation. As such, it should be considered ineligible to sue anyone for defamation. 

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When Is Short Selling Fraudulent?

Financial Markets

Blog8 hours ago

Shorting more than the total outstanding shares isn’t perverse or fraudulent, whereas naked short selling—depending on the context—might be.

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Want More Entrepreneurship? Embrace Long-Term Legal Stability.


Prudent economic calculation becomes more difficult as legal and regulatory regimes are subject to frequent changes and political upheaval. 

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Why Biden and Krugman Are Wrong about the $15 Minimum Wage

Bureaucracy and RegulationLabor and Wages


Let's take a sober and even-handed look at what economics and empirical studies have to say about minimum wage hikes. Krugman and Biden claim there's no evidence these hikes affect employment. But they are being misleading. 

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Why Hazlitt Opposed the Bretton Woods System

U.S. HistoryGold StandardMoney and Banking

That Bretton Woods was called a gold standard was an exercise in obfuscation. It happened for the same reason that NAFTA was called free trade. The state has long used the language of the market economy as a plow to push through its opposite.

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Why No State Needs Thousands of Nuclear Warheads

War and Foreign Policy


The claim that the US needs an immense and varied nuclear arsenal "does serve one purpose: it keeps military budgets wondrously high."

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Wall Street Outsiders versus the Hedge Funds

Financial Markets


When small investors lose their shirts by placing unwise investments, do brokerage firms, hedge funds, big banks, etc., come to their rescue? Not a chance. But there was plenty of talk of "rescue" when hedge funders lost money in the GameStop short squeeze.

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