Mises Wire

The Many Ways Governments Create Monopolies

Bureaucracy and Regulation

Blog01/11/2020

Since outright grants of monopoly or quasi-monopoly would usually be considered baldly injurious to the public, governments have discovered a variety of methods of granting such privileges indirectly, as well as a variety of arguments to justify these measures.

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The Inescapability of Law, and of Mises, Rothbard, and Hoppe

Legal SystemPhilosophy and Methodology

01/10/2020The Journal of Libertarian Studies
The Murray Rothbard Memorial Lecture, delivered at the 2019 Austrian Economics Research Conference, discusses anarchistic arguments against the classical liberal and social democratic conceptions of the state.
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Two Big Problems with Single-Payer Healthcare

Health

Blog01/08/2020

Single-payer systems do indeed restrict access and quality. They just do it by imposing long wait times, cutting off costlier patients, and restricting access to hospital rooms.

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The Hindenburg Program of 1916: A Central Experiment in Wartime Planning

Big GovernmentWorld History

01/06/2020Quarterly Journal of Austrian Economics
The totalitarian ethos of the twentieth century, whether in the “mixed” version of the Hindenburg Program or the Bolshevik version of Lenin and Stalin, emerges from the will of individuals who propose to control their fellows.
Formats

qjae2_2_4.pdf

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The Seen and the Unseen of "Waste"

Value and Exchange

Blog01/04/2020

When a farmer leaves some unharvested crops in the field, they are not "wasted." Real waste would be found in efforts to use up every last physical resource, no matter how costly those efforts might be.

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Three Bad Arguments for the Minimum Wage

Blog01/04/2020

Many advocates for minimum wage hikes argue that the hikes are good for the businesses themselves. But if that were true, the businesses would happily hike wages.

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The US's Latest Bombing Shows the US Lost the Iraq War

War and Foreign PolicyWorld History

Blog01/03/2020

"To recognize that the Baghdadi government is an enemy of the United States is to acknowledge that not only was the Iraq war a mistake, but that its outcome was a boon for Iran."

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Thoughts on Tyler Cowen's "State Capacity Libertarianism"

01/01/2020Power & Market

George Mason University economist Tyler Cowen has penned a brief manifesto for "State Capacity Libertarianism."

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