Mises Wire

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.

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Elon Musk, Crony Capitalist

Bureaucracy and RegulationCronyism and Corporatism

Blog05/25/2018

Government loves to set up "public-private partnerships"  for the benefit of both government and certain favored businesses.

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Ending Gun Violence Begins by Ending the Drug War

Legal SystemU.S. History

Blog10/07/2017

With the horrific shooting that recently took place in Las Vegas, debates over gun control have been given center stage in our media and politics once again. And while every pundit seems to have their own surefire way of combatting gun violence, they all gloss over the elephant in the room....

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