Mises Wire

End the Shutdown

Big GovernmentHealth

Blog03/31/2020

The lasting and far-reaching harms caused by this authoritarian precedent far outweigh those caused by the COVID-19 virus. The American people must decide for themselves how and when to reopen society and return to their daily lives.

Read More

Socialism and the Green New Deal: Choose One

The EnvironmentPolitical Theory

Blog12/09/2019

Central planners cannot calculate the costs and benefits of environmental policy.

Read More

Ludwig von Mises’s Human Action: Marking 70 Years of Continuing Relevance

Book ReviewsHistory of the Austrian School of Economics

Blog09/04/2019

The social, political, and economic conditions of our world today give Ludwig von Mises’s treatise a refreshing relevance matched by few other works written over the last century.

Read More

Socialists vs. Civil Society

Socialism

Blog05/24/2019

Socialist regimes have long gone to great lengths to replace all the independent institutions of civil society with the omnipotence of the state in all things.

Read More

Can a Commodity-Money Economy Co-Exist with a Fiat-Money Economy?

Just as unilateral free trade results in a more solid economy for the countries that adopt it — even within an international economy of protectionism in other countries — so would a commodity-money based economy surrounded by fiat-money economies.

Read More

Why Bother Studying Economic Theory?

Blog04/16/2019

Liberty can be lost and so can the benefits of capital accumulation. The well developed capital structure is not a given. It can be eroded by central banks and by government policies and regulations.

Read More

Even Socialists Know that Economic Planning Requires Market Prices

SocialismCalculation and KnowledgePhilosophy and Methodology

Blog04/03/2019

Hard-left "democratic socialists" think they figured out how to make government planning possible: use prices. But there's a problem in their argument: prices are impossible without markets.

Read More
Shield icon power-market-v2