Mises Wire

Are Equal Pay Arguments Based upon the Labor Theory of Value?

Free MarketsLabor and WagesPraxeologyValue and Exchange

Blog04/19/2022

Arguments for equal pay are popular in our body politic, but what happens if some of those arguments are based upon the faulty logic of the labor theory of value?

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Keynesians and Market Monetarists Didn't See Inflation Coming

Money and Banks

Blog04/18/2022

It is interesting that the founder and leader of the market monetarists declared in January 2020 that the world was about to enter a "golden age" of low inflation for the Federal Reserve.

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Jordan Peterson on Austrian Economics: Free Markets Are "Profoundly Equitable"

CoordinationFree MarketsPhilosophyPlanningPhilosophy and MethodologyPraxeology

Blog04/18/2022

Jordan Peterson is turning his eye toward Austrian economics. Unlike the many conservatives who see free market advocacy as some sort of "dangerous fundamentalism," Peterson seems to get it.

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Is There a Case for the Pre-1914 Gold Standard? Yes, If You Believe Inflation Is a Bad Thing

Booms and BustsCentral BanksThe FedMoney and BanksGold Standard

Blog04/16/2022

Academic economists since John Maynard Keynes have mocked the classical gold standard, but when government implemented their system, we got inflation and destruction of the currency. Time to rethink the success of that gold standard.

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Hoppe: "My Dream Is of a Europe Which Consists of 1,000 Liechtensteins."

Decentralization and SecessionPolitical Theory

Blog04/16/2022

Earlier this month, Hans-Hermann Hoppe appeared on German television to discuss "State, War, Europe, Decentralization and Neutrality."

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How the Fed's Tampering with the Policy Rate Affects the Yield Curve

Central BanksThe FedBusiness CyclesCapital and Interest Theory

Blog04/16/2022

Thanks to the Fed's monetary gyrations, we are seeing the yield curve acting abnormally. However, one cannot get something from nothing and market forces ultimately will frustrate the Fed's designs.

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Sovereign Immunity Is Antilaw: The State Must Make Restitution to Its Victims

LibertarianismLegal System

Blog04/15/2022

A libertarian view of the law by definition means that there can be no immunity from legal consequences. Anything else perverts the very meaning of law.

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New Covid Study Shows Lockdown-Heavy States Had Some of the Worst Health Results

U.S. History

Blog04/14/2022

Among the states that performed the best during the pandemic were lockdown-light states like Utah and Florida. Among the states with the worst outcomes were lockdown-heavy California, New Mexico, New Jersey, and New York. 

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