Mises Wire

It's Wrong to Draft Women. It's Also Wrong to Draft Men.

War and Foreign Policy


If fairness is a concern, there’s an easy way to achieve fairness on this issue: abolish the Selective Service for everybody. It’s as easy as that. It wouldn’t even cost a dime of taxpayer money. 

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It's Not Good Enough to "Look at the Data"

Money and Banks


Data analysis can establish some information about correlations. But good thinking about causation only comes from sound logical economic theory. 

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Inflation-Loving Governments Are Now Blaming Private Businesses for Inflation

Money and Banks


As inflation becomes more obvious, governments will be blaming businesses for causing the inflation that policymakers have fueled. This is a step on the way to price controls. 

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Is an Educated Population Really Necessary for Innovation and Growth?



The example of England in the Industrial Revolution suggests enormous amounts of innovation and growth can be achieved even without high levels of education among the general population. 

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In Defense of the Speculator

Booms and Busts


It will come as yesterday's news that the speculator is perennially under attack by the social justice warriors. Yet speculators serve a crucial and valuable role in surviving economic disasters. 

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Is Self-Ownership Necessary?

Philosophy and Methodology


Isn’t a principle of nonaggression against others another way of stating the self-ownership principle? "Not necessarily," says the insightful philosopher Chandran Kukathas.

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Is California an Economic Paradise? Paul Krugman Thinks So


The people who really run California aren't going anywhere. Even if California voters throw out Newsom very little will change in state government. 

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Inflation's Assault on the Family

U.S. Economy


In the era of global lockdowns, we've seen increasing supplies of money, decreasing supplies of goods, and governments financing their citizens to forgo work and stay home. The resulting price inflation should surprise no one. 

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