Mises Wire

Agriculture Is Only a Tiny Part of America's Economy — And That's a Good Thing

Protectionism and Free Trade

Blog9 hours ago

Since 1900, the number of American farms in operation has fallen 63 percent. Meanwhile, the American standard of living is far beyond what the farmers of yesteryear could have imagined.

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Are India and China Booming as Much as They Claim?

Global Economy

Blog07/16/2019

The differences between government stats and reality are a problem, especially since these estimates are used to make policy.

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Austrian Business Cycle Theory, Explained

Booms and BustsAustrian Economics OverviewBusiness Cycles

Blog07/09/2019

The “boom-bust” cycle is generated by monetary intervention in the market, specifically bank credit expansion to business. 

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America's Delusion of Liberal Hegemony

Book ReviewsWar and Foreign Policy

Blog07/04/2019

Attempts to impose liberal values on the world, to force people to be free, are doomed to failure and will enhance the chances of war. This is largely because nationalism is for most people a far more potent force than liberalism, whether classical or modern.

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America's Libertarian Revolution

U.S. History

Blog07/04/2019

In the deepest sense, the American Revolution was a conscious majority revolution on behalf of libertarianism and against power.

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Asset Forfeiture Will Have to Be Abolished at the Local Level

Legal System

Blog06/29/2019

The Federal government is not going to stop state and local police from stealing the property of innocent people.

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Alabama Expands Law Allowing Private Police Forces — And the Opposition Goes Nuts

Legal System

Blog06/29/2019

If one is concerned about Briarwood’s new private police force, one also ought to be hysterical over pretty much any police force in the United States. But the state seems to get a pass in areas where non-state entities are treated with suspicion.

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Andrew Yang Fears Automation. He Should Fear Inflation.

06/28/2019Power & Market

Without inflationary money, automation means we can work less while at the same time have an even higher standard of living.

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