Mises Wire

Entrepreneurs Are Motivated by Profit, Not Risk

The Entrepreneur

Blog06/02/2021

A capitalist never chooses that investment in which, according to his understanding of the future, the danger of losing his input is smallest. He chooses that investment in which he expects to make the highest possible profits.

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Economic Cannibalism Will Not Save Mexico, or Any Other Country

Central Banks

Blog05/29/2021

It seems absurd to have to point out that economic cannibalism, even in the face of a virus, cannot produce anything but devastation, but alas, we live in absurd times. 

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Elections in the Bicameral Congress

U.S. History

Blog04/20/2021

The fragmentation of power into many small local units is likely to make oppression of minorities more difficult. On the other hand, consolidation of power into a single popularly-elected Congress posed a grave threat to the rights of ordinary Americans. 

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Europe's Vaccine Programs Are about as Successful as Their Lockdowns

Health

Blog03/30/2021

The EU has long claimed vaccine procurement is a top priority. But even by Brussels's own standards, Brussels's central-planning schemes have failed to deliver yet again. 

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Economic Prosperity Is a Prerequisite for All Other Kinds of Prosperity

Philosophy

Blog03/25/2021

Both Ludwig von Mises and Abraham Maslow understood that unless we first secure the benefits of economic progress, it becomes impossible to pursue higher human wants and needs.

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Even without "Qualified Immunity," It Won't Be Easy to Prove When Police Are Abusive

LawU.S. History

Blog03/01/2021

When police ineptly scanned a car's license plate and wrongly decided the car was stolen, they proceeded to force a group of children to the ground at gunpoint. Will this qualify as a rights violation if "qualified immunity" is absent? The courts will decide. 

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Economists and Psychologists Are Weaponizing Psychology and the Idea of "Rationality"

Bureaucracy and RegulationFinancial MarketsPaternalismPlanning

Blog02/16/2021

Behavioral economists and psychologists define as irrational anything that doesn't fit into a narrow model of behavior. Anything "irrational"—like buying the "wrong" stock—must be fixed with government regulation.

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Everything They Don't Like Is Now a Public Health Emergency

Bureaucracy and Regulation

Blog02/15/2021

What will be called a public health issue next? Gun violence (been there), transphobia (done that), religion, private schools and home schools? We would not be the first nation to lose its liberties on the installment plan. 

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