Mises Wire

Yes, the Nazis Were Socialists

Blog10/23/2020

Contrary to popular assertions, the Nazis weren't only trying to expropriate Jewish wealth. They wanted the German people to come together as a collective entity, and this entailed socialism.

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Yes, QE Creates Wealth Effects

The FedFinancial MarketsMonetary Policy

Blog07/24/2020

According to Keynesians, wealth effects result from money creation, and they have a beneficial impact. The Keynesians are right that wealth effects exist. But they're wrong about who benefits.

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You Don't Have to "Cultivate Poverty" to Pursue Truth, Contrary to Thoreau

CapitalismMedia and CultureU.S. History

Blog07/11/2020

Henry David Thoreau left behind many great admonitions. Alas, philosophical gems are not legal tender when rent is due.

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Your Supermarket Overlords: Why Barbados Needs a Voluntary Quarantine

Decentralization and SecessionStrategy

Blog04/21/2020

The fact that people break curfew just proves that smaller, decentralized communities are better at organizing than a few top-down planners. Barbadian neighborhoods do a much better job of self-regulating.

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Yes, There Are Tradeoffs between Disease Prevention and Economic Destruction

ProgressivismCalculation and Knowledge

Noneconomists struggle to realize that scarcity results in the necessity of tradeoffs. During the COVID-19 pandemic, this difference in thinking causes them to wrongly accuse economists of "prioritizing money over lives."

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Your Rational Self vs. Your Irrational Self

Philosophy and MethodologyPolitical Theory

Blog01/31/2020

How can paternalists say that when they make it more difficult for you to smoke they aren’t interfering with your freedom? They've come up with a bizarre rationale.

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Yes, Taxation Is Theft

Taxes and Spending

Blog11/15/2019

The government may claim that it needs the funds to provide essential social services: are the poor to be left to starve? But these assertions do not justify its policy of forcible seizure.

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You May Be Biased — But That Doesn't Make You Wrong

Philosophy and Methodology

Blog07/19/2019
Yes, many researchers are biased. But as Mises noted: "Reference to a thinker's bias is no substitute for a refutation of his doctrines by tenable arguments."
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