Mises Wire

Does the Free Market Corrupt People?

Free MarketsPhilosophy and MethodologyPrices

Blog06/19/2020

Michael Sandel doesn't like capitalism. But he can't seem to manage an economic argument for why. He's content to claim that capitalism is morally corrupting, converting anticapitalism into a sort of pseudoreligious faith.

Read More

1918: A Study in How Disease Can Shape Public Policy

HealthU.S. History

Blog06/19/2020

Did the hardliners win at Versailles because the Americans were too weak with the flu to object? If so, it would be just one way that disease profoundly affected public policy in the wake of the 1918 flu.

Read More

Why Mises Opposed Both Eugenics and Social Darwinism

Political Theory

Blog06/18/2020

Mises points out that eugenicists’ aim to improve the “quality” of the human race is an incoherent and meaningless goal: there exists no clear and objective standard by which the quality of human beings can be measured.

Read More

Why You Should Read Human Action—Very Carefully

Philosophy and MethodologyPraxeology

Blog06/18/2020

Mises's Human Action is essential reading for any aspiring economist. But there can also be some pitfalls if we read it too casually.

Read More

Even if COVID-19 Goes Away, the Economy Isn't Going Back to "Normal"

The FedGlobal EconomyU.S. History

Blog06/18/2020

When the current panic and crisis began, we were already in the late stages of a long asset price bubble. The crisis has exposed the fragility of the current system and we won't be going back to where we were before.

Read More

The Fallacy of the Equation of Exchange

Money and Banking

Blog06/17/2020

The assumption that an exchange presumes some sort of equality has been a delusion of economic theory since Aristotle.

Read More

How the Police Arbitration System Shields Police from Accountability

Blog06/17/2020

Legal arbitration only makes sense when all parties involved voluntarily enter into a contract. With police arbitration, the public has no seat at the table. It's a system designed to protect police only.

Read More

Are We on the Cusp of a New Progressive Era?

Bureaucracy and RegulationProgressivismU.S. History

Blog06/17/2020

If current political and economic trends continue, the 2020s will usher in a new period of drastically increased government activity and regulation of the economy.

Read More
Shield icon wire