Mises Wire

Hayekian Coercion

Philosophy and Methodology

Blog08/07/2020

The political theorist Douglas W. Rae argues that to get the advantages of Hayekian freedom, everybody should be guaranteed a minimum amount of resources so that they can fully participate in the market.

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The Origins of the Dollar's Value

Blog08/07/2020

 The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.

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Why the US Economy Is Stronger Than the Eurozone's

U.S. Economy

Blog08/06/2020

Debt and recession in the United States are big problems. But in both cases, metrics show a better situation in the US than in the eurozone.

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Today's Anticapitalists Are Closer to Fascism Than They Think

ProgressivismSocialismPolitical Theory

Blog08/06/2020

Today's anticapitalists fall into a familiar pattern pioneered by Mussolini and Giovanni Gentile.

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How Murray Rothbard's Theory of Entrepreneur-Driven Progress Can Be Applied to Modern Businesses

CapitalismEntrepreneurshipProduction Theory

Blog08/05/2020

To succeed, entrepreneurs must demonstrate superior foresight and judgment, and practice continuous dynamic improvement in their assembly and reassembly of assets to serve the consumer.

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The Problem with British Slavery Reparations in the West Indies

Labor and WagesWorld History

Blog08/05/2020

A just scheme for reparations requires us to identify specific victims. But current calls for reparations do no such thing. Also, the British economy was not built on slavery, as some now claim.

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The Media Said Europe "Beat Back" Covid. But Now Lockdowns Loom Again

Health

Blog08/04/2020

The "experts" intend to keep locking populations down again and again until there's a vaccine. But what if there's no vaccine coming?

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Why Keynes Was Wrong about Consumer Spending

Blog08/04/2020

In the real world, an artificial boost in demand that is not supported by production leads to the destruction of a society's wealth.

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