Mises Wire

A Limited-Government Republic versus a National-Security State

War and Foreign Policy

Blog01/16/2020

What is a national-security state? It is a totalitarian-like governmental structure that consists of an enormous military-intelligence establishment with extraordinary powers, such as indefinite detention, torture, secret surveillance, and even assassination of both citizens and foreigners.

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This Christmas, Let's Celebrate a Different Scrooge: Scrooge McDuck

The EntrepreneurMedia and Culture

Scrooge McDuck is the perfect type of a miser: a capitalist-entrepreneur — and the most philanthropic man (duck, I mean) in Duckburg.

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How Unions Reduce Real Wages

Labor and WagesMonopoly and Competition

Blog12/17/2019

The actual policies that labor unions have systematically followed from the beginning of their existence have in fact reduced the real wages of the workers as a whole below what they would otherwise have been.

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Medicare and Medicaid Destroyed Healthcare

Health

Blog12/14/2019

Medicare and Medicaid ended up destroying the finest healthcare system in history, and the healthcare crisis has become a permanent part of American life.

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The Japanization of the European Union

Global EconomyInterventionism

Blog12/11/2019

Japan's once-envied economy is now in shambles. The European economy, built on the same shaky tenets, is crumbling, too. Where to go from here?

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My Path to the Austrian School of Economics

Austrian Economics OverviewHistory of the Austrian School of Economics

Blog12/06/2019

There is no more stopping the Mises School. And when the truth finally wins out, because only what is true can also work smoothly in the long run, then the hour of the Austrian School of Economics will have come.

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America’s Arms Sales Addiction

Taxes and SpendingWar and Foreign Policy

Blog12/06/2019

Despite its supposedly strained relationship with the Saudi regime, the Obama administration, for example, still managed to offer the royals of that kingdom a record $136 billion in US weapons between 2009 and 2017.

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The ABC of a Market Economy

Free MarketsU.S. EconomyInterventionism

Blog12/04/2019

This immense cooperative system is known as a free-market economy. It was not consciously planned by anybody. It evolved.

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