Mises Wire

Inflation: Its Effects and Failures

Inflation

Blog5 hours ago

Inflation, the issue of additional paper money, and credit expansion are always intentional; they are never acts of God which strike people, like an earthquake.

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Why They Want to Destroy Julian Assange

Legal SystemThe Police StatePolitical Theory

Blog8 hours ago

The trial of Julian Assange will have consequences that are far larger than the man himself. Whatever will be Assange's future, he is already one more martyr in the historic struggle for political freedom from which everyone can take inspiration.

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Should Billionaires Exist?

SocialismTaxes and Spending

Blog09/21/2020

It may be emotionally satisfying for many to favor sticking it to billionaires, but reason informs us that in so doing it is the poor who would end up paying the steepest price.

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Military Generals Are Just Another Group of Self-Interested Technocrats

Bureaucracy and RegulationCronyism and CorporatismWar and Foreign Policy

Blog09/21/2020

In recent decades, active generals and retired generals have grown into a group of politically influential technocrats who are regularly feted in the media as incorruptible experts.

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The Gender Feminist–New Left–Marxist Axis Attacks All Civil Society

ProgressivismSocialismPolitical Theory

Blog09/19/2020

Gender feminism, the New Left, and Marxism all share an anticapitalist stance and the framework of class struggle. The difference is that gender feminism, the New Left, and their ideological heir have redefined the antagonists.

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Turning to Keynes in this Crisis Will Only Make Things Worse

Booms and BustsMonetary PolicyProduction Theory

Blog09/19/2020

If policymakers finally let a real economic "correction" and recession happen, it means the economy will finally turn toward doing what the consumers actually want.

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Too Much Centralization Is Turning Everything into a Political Crisis

Decentralization and SecessionMedia and CultureStrategy

Blog09/19/2020

The task ahead is to demonstrate that whatever the sacrifices required to achieve more localized decision-making might be, centralization is too dangerous to continue.

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Alexander Hamilton: Centralist and Nationalist

Big GovernmentU.S. History

Blog09/18/2020

If you like high taxes, crony capitalism, central banking, and a central authority that can regulate everything you do, thank Alexander Hamilton.

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