Mises Wire

What Rights Do Future Generations Have?

The EnvironmentPhilosophy and Methodology

Blog01/29/2021

Many say economics must focus on preserving resources for distant future generations. They say climate change is why. That's may seem convincing in the abstract, but we soon learn how hard it is to predict future needs, and to ignore present ones. 

Read More

When Biden "Creates Jobs" Look for the Hidden Costs

Taxes and SpendingU.S. History

Blog01/29/2021

"Jobs programs" never create new wealth. They only redirect wealth and resources from other sectors of the economy. The cost to those other sectors is often very high. 

Read More

GameStop, Market Distortions, and Manipulations

The FedFinancial Markets

Blog01/28/2021

With a sound money, none of these distortions would have been possible: the limitations of the currency itself would have forced an unwinding of excessive risk far before it could become a clash between major hedge funds and Reddit trolls.

Read More

Pennsylvania's Lockdown Rules Were Arbitrary, Inconsistent, and Political

Bureaucracy and RegulationCronyism and CorporatismPolitical Theory

Blog01/28/2021

Surprise! An audit of Pennsylvania's covid lockdowns reveals the process lacked any legal consistency or transparency. Yet Pennsylvania's health bureaucrats have used these arbitrary rules to crush the state's entrepreneurs. 

Read More

Digital Currencies Are Changing the Money Landscape

Money and Banks

Blog01/28/2021

From the dollar to bitcoin to Facebook's Diem, private monies and quasi monies are making the monetary landscape a lot more complicated. 

Read More

The Dollar's Reserve Currency Status Won't Last Forever

Central BanksGold StandardMoney and Banking

Blog01/28/2021

Americans have benefited mightily by holding and trading with the world’s reserve currency, though most people haven’t given it a thought. No one remembers when the pound sterling held this distinction a hundred years ago. 

Read More

What to Expect from Bidenomics

Taxes and Spending

Blog01/27/2021

In order to prevent the economy sinking into a lasting state of stagnation, what is required is to reduce both government spending and government regulation, and to rein in the Fed.

Read More

Why the Utes Opposed Biden's Plans to Limit Oil Drilling

Decentralization and Secession

Blog01/27/2021

This week's clash over federal attempts to control tribal drilling rights highlights the importance of tribal sovereignty in limiting federal power. 

Read More
Shield icon wire