Mises Wire

McDonald's Closes All Stores in Russia as Woke Russophobes Rage

Blog11 hours ago

The presence of American companies in foreign nations was once seen as a sign of American superiority and an instrument of American cultural power. But today's Cold War revival views trade as merely collaboration with the "enemy."

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Money: What Is It? The More Important Question: Why Is It?

Economic FreedomInflationMonetary PolicyMonetary Theory

Blog05/10/2022

Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.

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Meds: The Seen—and Unseen—of Intellectual Property Laws

Corporate WelfareCronyism and CorporatismLegal SystemMonopoly and Competition

Blog04/29/2022

Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.

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Money Supply Growth Heads Back Up: February Growth Up to 7 Percent

U.S. Economy

Blog04/01/2022

During February 2022, year-over-year (YOY) growth in the money supply was at 7.1 percent. That's up from January's rate of 6.8 percent, and down from the February 2021 rate of 39.1 percent. Growth peaked in February 2021.

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Message from Lew Rockwell: Forty Years Ago

Strategy

For forty years, we have not compromised with the state nor those who promote it.

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Markets Are Peaceful but the State Is Not

Free MarketsWar and Foreign Policy

Blog03/25/2022

There are only two ways human cooperation occurs: through voluntary means or through coercion. The free market stands for voluntary cooperation; coercion and violence are the means of the state.

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Markets and Private Property, Not Government, Protect the Environment

The EnvironmentProperty Rights

Blog03/22/2022

Standard beliefs say that government protects our natural environment while the market system destroys it. Economic analysis gives a much different perspective.

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Modern Portfolio Theory: Economics without Praxeology

RationalismEntrepreneurshipPricesSubjectivism

Blog03/12/2022

Modern portfolio theory, while popular with many economists, runs into serious problems when examined through the lens of Austrian economics

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