Mises Wire

The Dangers Posed by State-Controlled Digital Currency

Central BanksInflationMonetary Policy

Blog07/07/2020

If we choose to break the state monopoly of money and allow private digital currencies to compete, a myriad of different solutions will emerge to serve a myriad of different needs.

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Nozick and the Minimal State

Blog07/03/2020

Nozick tries and fails to show how a minimal state might justifiably arise from Rothbardian anarchy.

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Empathy for the Poor Is Not Enough

Poverty

It's a good thing when politicians recognize that there are people out there who are less fortunate than the political class. But this empathy only does anyone any good if policymakers refrain from socialistic government schemes that make poverty worse.

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Thomas Sowell: Understanding Markets and Free Choice

Free MarketsSocialismU.S. History

Blog06/30/2020

Thomas Sowell has a gift for explaining how markets are simply the result of human beings making free choices. There is no single market answer to a problem. There are countless answers.

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The COVID Crisis Supercharged the War on Cash

Global EconomyMonetary PolicyMoney and Banks

Blog06/30/2020

The COVID panic gave the world's regimes a new reason to claim that physical cash should be outlawed. But this is just one of many strategies now in play to end the relative privacy and freedom cash provides.

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Rothbard on Substitutionism

The Police StateWar and Foreign PolicyPhilosophy and Methodology

Blog06/26/2020

Rothbard has explained how it is wrong to equate what would be reasonable for a private protection agency with what is permissible for the state.

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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.

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Mises and the Lockean Proviso

Philosophy and Methodology

Blog06/12/2020

"The natural condition of man is extreme poverty and insecurity. It is romantic nonsense to lament the passing of the happy days of primitive barbarism."

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