Mises Wire

Venezuela Needs Monetary Freedom, and Soon

Money and BanksMoney and Banking

Blog02/08/2018
Venezuela is facing a crisis of immense proportions. A crucial first step in lessening the disaster is giving citizens choices in the money they use.
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How the Patent-Troll Wright Brothers Fought to Stifle Innovation

Legal SystemU.S. History

Blog02/05/2018
The Wright brothers spent most of their post-1903 careers suing other inventors who were doing the much-needed work of improving airplane technology.
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Class Theory and Cultural Marxism

SocialismWorld History

Blog02/01/2018
Modern ideas of political correctness are often real-world applications of Marx’s opposition to people with the "wrong" class consciousness.
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Law Enforcement Is Not the Same Thing as Security

Legal SystemTaxes and Spending

Blog01/27/2018
As government grows, more people are identifying certain law enforcement obligations as, to them, morally questionable, if not outright immoral.
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A Brief (and Messy) History of Modern Gold Standards

U.S. HistoryWorld HistoryGold Standard

After World War I, the term "gold standard" took on many meanings — a fact that eventually led to that standard’s degradation and abrogation.
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Minecraft and Crusoe Economics

Media and CultureValue and Exchange

Blog01/24/2018
Minecraft serves as a model of a simple, developing economy that — not unlike the real world — continues to develop by accumulating capital.
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How Sound Economics Birthed the Video-Game Era

The EntrepreneurEntrepreneurshipProduction Theory

Blog01/19/2018
Technological know-how is not enough to make a high-tech endeavor successful.
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FinTech, Robo Advisers, and the Soul of Swiss Banking

Global EconomyMoney and Banks

Many Swiss bankers contend that modern ideas of "efficiency" in banking do not necessarily fit well with ideas of prudence.

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