Mises Wire

There's Nothing Natural About Socialism

Socialism

Blog09/13/2019

Democratic socialists are committed to destroying the voluntary and naturally-occurring relationships that develop in the marketplace among consenting human beings. They do it through relentless wealth redistribution programs.

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De-Dollarization: Europe Joins the Party

Money and BanksMoney and Banking

The US dollar continues to enjoy the confidence of markets, governments, and central banks. But faith in the US dollar is weakening, and many are trying to help the process along.

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European Central Bank Doubles Down on Ultra-Easy Money

09/13/2019Power & Market

The ECB has surrendered and is turning toward even more aggressive easy-money policy as the euro economy slows. Meanwhile, President Trump attempted to use the move to put additional pressure on the Fed to ratchet up its own QE plans.

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Why They Keep Trying to Blame Capitalists for Slavery

Free MarketsU.S. HistoryPolitical Theory

09/13/2019Audio/Video
The resurgent claim that the modern economy was built on slavery is yet another attempt to attack capitalism while also claiming "we are all to blame" for slavery. The slave owners of old tried a very similar tactic.
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Unsound Money, Unsound Economy

The Fed

Blog09/12/2019

Central bankers like Alan Greenspan seem to think central bankers can be trusted to act with restraint. That's a risky plan, especially given that true and reliable constraints could be put on the money supply by adopting commodity money.

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"Libertarian" Is Just Another Word for (Classical) Liberal

History of the Austrian School of EconomicsPolitical Theory

Blog09/12/2019

"Libertarianism" is very much a part of what is now known as "classical" liberalism — the influential free-market ideology of the nineteenth century whose effects and legacy are still felt today.

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Using World War I to Prove the Incompetence of State Militaries

StrategyWar and Foreign PolicyWorld History

09/12/2019Audio/Video
Bob Murphy uses examples from Dan Carlin’s amazing podcast, Hardcore History , to illustrate the flaws with state-provided military services.
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