Mises Wire

How to Destroy a Civilization

World History

Blog06/24/2019

Modern Monetary Theory is the new thing among progressives. But it's been tried by many others, including the Roman dictators who ruined the Roman economy and had Rome falling apart before the barbarian invasions.

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How the Saudis Took Donald Trump for a Ride

Donald Trump's crusade against Iran is being helped along by his love affair with the Saudi Regime — and its army of lobbyists.

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Hayek’s Best Test of a Good Economist

Other Schools of Thought

Blog05/28/2018

For Hayek, "The fools are those who believe they know more than they do."

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How to Use Methodological Individualism

From the ArchivesAustrian Economics OverviewPhilosophy and Methodology

Blog04/05/2018

Methodological individualism is a precious tool for historical analysis. But it is not a foundation of economic theory.

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How the Pentagon Devours the Budget

War and Foreign Policy

Blog03/05/2018

In explaining the flood of funding headed toward weapons contractors, one defense analyst noted that “diplomacy is out; air strikes are in."

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How to Cure Poverty

Free MarketsU.S. EconomyU.S. History

Blog12/28/2017
Henry Hazlitt explains why President Johnson's "War on Poverty" will fail, and how the market — not government — is the path to prosperity.
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Hayek on Good and Bad Unemployment Policies

Labor and WagesInterventionism

Blog11/16/2017
One of the obstacles to a successful employment policy is, paradoxically, that it is so easy to reduce unemployment, at least in the short term.
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How Defense-Contractor CEOs Get Rich on the Taxpayers' Dime

Taxes and SpendingWar and Foreign Policy

Blog11/02/2017
When someone in DC wants more money for the troops, just remember that what they’re actually talking about are troops of overpaid defense contractors.
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