Mises Wire

Trump's Payroll Tax Order Is Good Politics, but Doesn't Offer Much Tax Relief

Blog08/12/2020

Trump's executive order providing a short deferment on payroll taxes is not really a tax cut. But many voters may perceive it as one.

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The Misplaced Fear of "Monopoly"

Free MarketsMonopoly and Competition

Blog08/11/2020

The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.

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Throwing Printed Money at This Problem Won't Make It Go Away

Booms and BustsFinancial MarketsU.S. History

Blog08/10/2020

The crisis we faced in 2008 has not gone away, as we failed to heed its warning to change course and reduce debt levels. Instead, it has become bigger and more dangerous.

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The Founding Fathers' Coup d'État

Blog08/08/2020

It is quite certain that dissatisfaction with the old Articles was not general, for when the new order was implemented in 1789, it was effected with great difficulty and only through methods both unscrupulous and dishonourable.

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The Covid Crisis Has Helped Make the Blueprint for a European Superstate

Big GovernmentCentral BanksTaxes and Spending

Blog08/08/2020

The “cure” to the current crisis that is forced upon all Europeans now is not just worse than the disease; it is the disease.

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The Origins of the Dollar's Value

Blog08/07/2020

 The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.

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Today's Anticapitalists Are Closer to Fascism Than They Think

ProgressivismSocialismPolitical Theory

Blog08/06/2020

Today's anticapitalists fall into a familiar pattern pioneered by Mussolini and Giovanni Gentile.

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The Problem with British Slavery Reparations in the West Indies

Labor and WagesWorld History

Blog08/05/2020

A just scheme for reparations requires us to identify specific victims. But current calls for reparations do no such thing. Also, the British economy was not built on slavery, as some now claim.

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