Mises Wire

Yes, the US Government Has Defaulted Before

Blog58 min ago

While the 1979 default was relatively small, the 1934 default affected millions of Americans who had bought Liberty Bonds mistakenly thinking the government would make good on its promises.

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You Think the Global Economy Is Brightening? Beware: The Big Hit Is Yet to Come

Booms and BustsCentral BanksThe FedMonetary PolicyU.S. Economy

Blog02/02/2023

While President Joe Biden's White House continues to give happy talk about the economy, some major economic storm clouds are brewing. The future does not look good.

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Yuri Maltsev, RIP

Free MarketsWorld History

Blog01/26/2023

Yuri Maltsev, a Mises Senior Fellow who once was an advisor to Mikhail Gorbachev when he was an economist in the USSR, has passed away. Rest in peace.

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Yes, the Minimum Wage Harms the Economy

Free MarketsLabor and WagesU.S. Economy

Blog01/25/2023

The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.

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Yes, Virginia, There IS a Deep State—and It Is Worse than You Think

Big GovernmentBureaucracy and RegulationProgressivismU.S. History

Blog01/13/2023

We like to think of the "deep state" as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.

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You've Got to Be Kidding: Professor Demands Animals Stop Eating Each Other

ProgressivismRationalism

Blog12/16/2022

University of Chicago professor Martha C. Nussbaum wants to save the world by preventing animals from eating each other in the wild. David Gordon (after pulling himself off the floor) comments on her proposal.

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You Don’t Know What’s Good for You

Property RightsPolitical Theory

Blog11/04/2022

While personal autonomy is a major topic of conversation, for Rothbard the most important thing is liberty, and liberty and automony are not always the same.

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Yes, Precolonial Africa Had Technology and Economic Life before Colonialism

The EntrepreneurWorld History

Blog08/12/2022

Like all other places, Africa has a more nuanced history than what people previously have believed. The continent was not devoid of technology before the advent of colonialism, as there were pockets of inventiveness and small-scale manufacturing.

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