Mises Wire

Diktat 1919: The Versailles Treaty As Dictated Peace

World History

Blog07/01/2019

Unlike the Versailles peace, which failed horribly, the successful episodes of peacemaking — Westphalia, Vienna, and even the process that ended World War II — had in common extended multi-lateral negotiations and compromise.

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Three Ways Capitalists Make Workers Better Off

The EntrepreneurLabor and Wages

Blog06/07/2019

Capitalists provide a service to workers: access to capital with no risk, and immediate payment for services. Meanwhile, starting your own business brings both risk and a long wait before the profits start rolling in.

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Confronting the Myths about "Arming Teachers"

Decentralization and SecessionLegal System

Blog05/24/2019

There is no evidence that properly trained and armed private citizens would do a worse job than government "law enforcement" personnel in enhancing school safety.

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The Unseen Costs of "Medicare for All"

Health

Blog05/21/2019

Many of the worst costs that will come with "Medicare for All" won't be calculated in dollars. They'll come in the form of doctor shortages, long wait times, and less access to care.

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Freedom or Government Control — There Is No True "Third Way"

Blog05/02/2019

Government interventions in the marketplace crate side effects which distort markets and impoverish consumers. The government must then step in the "correct" the problems with even more intervention.

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If Billionaires Are Worried About Inequality, They Should Dial up Their Investment Risk

Financial MarketsPoverty

Blog04/24/2019

If inequality keeps billionare Ray Dalio up at night, he could shrink his holdings through bold capital allocations aggressively focused on changing how we live, work, fly, and play.

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Your Move, Gold Critics: Please Explain What Money Is

The FedMoney and BanksGold Standard

Blog04/10/2019

Stated simply, gold-standard proponents seek a dollar that is widely trusted as a constant measure of value. Nothing more. Nothing less.

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Malinvestment: Have We Learned Anything Since the Last Recession?

Booms and Busts

Blog04/02/2019

Government stimulus plans blow up new bubbles to replace the old ones that had previously been created by government also. Let's end the cycle of wealth destruction.

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