Mises Wire

Outlawing Jobs: The Minimum Wage

Free MarketsInterventionism

06/03/2019Mises Daily Articles
In truth, there is only one way to regard a minimum wage law: it is compulsory unemployment, period.
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On Conceptualizing Risk: Breaking the Dichotomy between Knightian Risk and Uncertainty

Austrian Economics OverviewEntrepreneurship

05/07/2019Quarterly Journal of Austrian Economics
What are the different concepts of financial risk? How do Austrian economists conceive of risk, uncertainty, and probability? Christian Hoffmann, parting ways with Mises, provides a taxonomy and cautions about the predominance of probability statistics in the realm of economics and finance.
Formats
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Occupational Licensing — An Unnecessary Evil

Blog05/04/2019

The number of jobs that require an occupational license now covers 30% of the US workforce, up from 5% in 1950.

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Ocasio-Cortez's Selective Memory on the New Deal

Poverty

Blog04/11/2019

The New Deal invigorated a bureaucratic state which had already done much to limit the entrepreneurial opportunities of Americans of all racial and economic backgrounds.

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One Reason the Modern Left Keeps Winning: They Think Long Term

03/28/2019Power & Market

A reason the left is good as what it does: it thinks big and thinks   long term. Conservatives and libertarians, meanwhile, like to give up   immediately if something seems like it might take a while, or if other   people don't embrace their ideas instantly.

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Only Capitalism Will Save the Millennials

Big GovernmentSocialismEntrepreneurship

Blog03/16/2019

The endpoint of the existing system of party democracy, social welfare, and state capitalism is state bankruptcy, misery, and suppression.

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Ownership, Scarcity, and Economic Decision Making

Calculation and Knowledge

03/12/2019Quarterly Journal of Austrian Economics
By improving our understanding of scarcity, we can greatly improve our understanding of economics overall.
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On Equality and Inequality

Free MarketsInterventionismOther Schools of Thought

03/11/2019Mises Daily Articles
The fact that men are born unequal in regard to physical and mental capacities cannot be argued away.
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