Mises Wire

How Historians Changed the Meaning of "Liberalism"

Political Theory

Blog07/02/2020

Liberalism was the most popular and influential ideology during the nineteenth and early twentieth century. So, every new socialist and authoritarian movement defined itself as "liberal" to capitalize on liberalism's popularity and importance.

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The Fallacy of the Equation of Exchange

Money and Banking

Blog06/17/2020

The assumption that an exchange presumes some sort of equality has been a delusion of economic theory since Aristotle.

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Riots: Not Fun nor Profit for the Rest of Us

ProgressivismMedia and CultureThe Police State

Riots are not the answer to police abuse. The answer lies in making drastic reforms to how police agencies function, up to and including privatization. Contrary to the popular narrative, it's not just nonwhites who are in danger. We're all targets of the state's enforcers.

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War for Hong Kong?

The United States has been trying to provoke China into a conflict for years. But Americans benefit far more from peace with China. We shouldn't fall for the state's latest hate campaign against foreigners.

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Deregulation Is the Path to Increasing the Supply of Medical Services

Bureaucracy and RegulationFree Markets

If we're serious about increasing the capacity of our medical institutions, free trade and deregulation offer real solutions.

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The Political Management of the Coronavirus Crisis

Bureaucracy and RegulationInterventionism

Blog03/30/2020

The less agile and adaptive a society is, the more severe its impotence in a crisis. Thanks to an obsessive reliance on monetary policy to fix every problem, our society has increasingly abandoned innovation and productivity.

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The End of Civilization?

Global EconomyU.S. Economy

Even if the COVOID-19 virus turns out to be more severe than the skeptics give us reason to think it is, we can get through it. We cannot survive the end of the division of labor. It would be the finish of civilization as we know it.

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