Mises Wire

The Risk of Trump's Trade War Is More Than Just Higher Prices

Booms and BustsGlobal EconomyProtectionism and Free Trade

Blog05/28/2019

It is the lethal combination of tariffs and the end of the expansionary phase of the credit cycle which should concern us.

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The Neo-Marxist Roots of Modern Monetary Theory

Blog05/27/2019

The thesis that “deficits don’t matter” does not begin with the English economist John Maynard Keynes, but with the much-less-known Polish economist Michal Kalecki.

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The Problem with Aggregate "Calculations" of the Value of Immigration

ImmigrationCalculation and Knowledge

Blog05/14/2019

It's impossible to calculate the cost and benefit immigration without considering psychic profit and loss. And the government definitely is in no position to make any calculations at all.

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The Case Against the Market Economy

Free MarketsInterventionismOther Schools of Thought

05/13/2019Mises Daily Articles
The objections raised against the market economy are based on very bad economics.
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The Social Security Black Hole Has Arrived

Taxes and Spending

Blog05/13/2019

Despite spending nearly $2 trillion, or 45% of the federal budget, every year on Social Security and Medicare, the feds are headed toward insolvency, and there is no relief in sight.

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The Pentagon Doesn't Want to Report on Its Failed War in Afghanistan

05/02/2019Power & Market

Governments hate accountability, and they hate reporting on their own failed programs, like the war in Afghanistan.

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The Problem with the Census

U.S. History

Blog04/23/2019

The Left opposes adding a question on citizenship to the 2020 census form. The answer lies in abolishing all questions except those that count total residents. But that won't happen because the census is used to justify a myriad of government programs.

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The Making of Modern Civilization: Savings, Investment, and Economic Calculation

Capital and Interest TheoryPhilosophy and MethodologyPrivate Property

Blog04/17/2019

The fallacy that labor-saving machines create technological unemployment has not only been disproved by theory but also by the whole history of mankind.

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