Mises Wire

Why We Need Entrpreneurs and Market Prices for a Healthy Economy

SocialismPrices

Blog08/11/2020

We need both prices and entrepreneurs to have a functioning and prosperous marketplace. Under socialism, though, we have none of the above.

Read More

Why Savings Are So Critical to Improving the Standard of Living

CapitalismProduction Theory

Blog07/10/2020

In order to produce capital goods, and hence more consumer goods, we must first forego current consumption. That is, we must save now to have more later.

Read More

Why Abusive Cops So Often Keep Their Jobs

Labor and WagesThe Police State

Blog06/02/2020

When you hear a cop has been fired from his job for some heinous act, be sure to check back a few months later. He may have been rehired thanks to the fact that it's very easy for cops to appeal termination and win.

Read More

What "Lender of Last Resort" Is Supposed to Mean

Other Schools of Thought

Blog04/06/2020

Modern central banks have already moved far beyond what was once considered the proper role for a central bank as a "lender of last resort." Now Keynesians and MMTers want to take things even further.

Read More

We're Learning Why Governments Can't Be Trusted with Health Crises

Health

Blog03/23/2020

The latest health crisis has made it clear that governments put their own interests before those of the public while hiding crucial information and imposing counterproductive regulations.

Read More

Why the Courts Aren't All They're Supposed to Be

Legal SystemWorld History

Blog12/13/2019

The government accepts no legal obligation to provide specified law enforcement services in exchange for the taxes it forcibly extracts from the citizenry. A clearly defined and voluntarily accepted reciprocal agreement between the government and the citizens has never existed.

Read More

What if the Majority Voted for “None of the Above”?

Political Theory

Blog10/18/2019

Allowing a space on the ballot for "none of the above" would be a step in the right direction toward a slightly less farcical political system.

Read More

White Collar Welfare: What It's Like to Work for the Federal Government

Bureaucracy and RegulationTaxes and Spending

Blog08/15/2019

Shannon O'Toole's memoir on working for the FDIC helps us understand why some have taken to calling federal employment "white collar welfare."

Read More
Shield icon wire