Mises Wire

Desocialization of Enterprises: Empowering Venezuelans

SocialismPrivate Property

11/26/2019Quarterly Journal of Austrian Economics
How can state enterprises in Venezuela be desocialized? What would a privatization law look like for Venezuela? The authors describe a proposal to move Venezuela toward free markets.
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The Dark Side of the American Dream

Media and Culture

Blog11/22/2019

Paul Cantor's new book provides a new look at how the "American dream" is shown in pop culture as offering both hope and frustration.

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Budget Deficits, not "Neoliberalism," Are To Blame for Argentina’s Crisis

Blog11/14/2019

Socialists contend that Argentina's economic woes were caused by too much "neoliberalism." Yet not even Argentina's alleged neoliberal president Macri did anything to implement any significant reforms in the direction of free markets.

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The Austrian Theory of Efficiency and the Role of Government

11/09/2019The Journal of Libertarian Studies
If one starts with a different view of efficiency and market optimality than the accepted notion of perfect competition then an entirely different set of conclusions relative to government intervention can be reached.
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Chilean Protesters Claim Inequality Made Them Do It

Global Economy

Blog10/31/2019

It's hard to see how burning subway cars and torching businesses will reduce inequality in Chile. But the protestors there claim their violence is justified by the fact some people are richer than others.

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All Human Beings — Not Just Capitalists — Are Self-Interested

Blog10/22/2019

Economists don't claim that self-interest is a moral good. They simply recognize it's an important part of human nature, and that government and social institutions must be designed for the human beings that actually exist — callous self-interest and all.

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Reduced Sentences in Exchange for Lies: A Government Tradition

Legal System

Blog10/09/2019

Governments routinely bribe suspects into accusing others in exchange for reduced sentences. Thus, suspects are willing to say pretty much anything prosecutors want them to. Governments are fine with this.

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Kamala Harris and the Cult of the Presidency

U.S. History

Blog09/23/2019

Kamala Harris has promised to rule by decree if elected president. For her, Congress is little more than an advisory committee. The average voter, of course, ranks even lower than that.

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