Mises Wire

Price Fixing in Ancient Rome

Booms and BustsFree MarketsGlobal EconomyWorld HistoryInterventionism

10/03/2019Mises Daily Articles
State intervention and a crushing fiscal policy made the whole empire groan under the yoke; more than once, both poor men and rich prayed that the barbarians would deliver them from it.
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Price-Control Failures, Then and Now

World History

Blog08/29/2019

Price-control schemes have been failing for thousands of years. Now it looks like politicians in Washington are going to give price controls yet another try.

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Price Stability Is Overrated

Blog08/05/2019

Contrary to popular thinking, we do not need  the central bank to stabilize prices in order to promote economic prosperity. The central bank can neither know the "correct" level at which to stabilize prices, nor can it know the right way to do it.

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Privateers: An Example of Private-Sector Military Defense

The EntrepreneurU.S. HistoryWorld History

Blog07/10/2019

One of the most instructive of all examples from maritime history is that of privateering, that is, the employment of profit-seeking, private armed ships during wartime.

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Praxeology and the Method of Economics

Philosophy and MethodologyPraxeology

04/29/2019Audio/Video
Dr. Joe Salerno and Jeff Deist explore the method of economics.
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Purchasing Power and the Exchange Rate

Money and BanksMoney and Banking

Blog10/18/2018

The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.

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