Mises Wire

Why Did Trussonomics Fail So Quickly?

Big GovernmentEconomic Policy

Blog11/21/2022

Liz Truss sought to be another Margaret Thatcher, but her ballyhooed budget numbers did not add up.

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How to Think about Regulatory Intervention

Blog11/21/2022

Free-market production, albeit imperfect, is driven by entrepreneurs seeking to profit from serving consumers. Government regulations sever this link to consumers wants. 

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The REAL Solution to the Coming Economic Crisis

JapanBusiness CyclesInterventionism

Blog11/19/2022

As the economy moves into recession, we should understand how we got there and what is needed to bring about a quick and lasting recovery.

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How Easy Money Fueled the FTX Crypto Collapse

Blog11/19/2022

Many investors forget that when the easy money is flowing, financial mediocrities and even outright frauds can be made to look like legitimate geniuses. 

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Relying on Experts: A Proven Path to Failure

EducationProgressivismStrategy

Blog11/19/2022

American political, educational, and economic life is increasingly dominated by "experts." We should not be surprised that they fail most of the time.

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Free Markets DO Work in Developing Countries

Free MarketsGlobal EconomyWorld History

Blog11/18/2022

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

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Why Cambridge Philosopher Raymond Geuss Hates Free Markets and Individualism

DemocracyLiberalismSocialism

Blog11/18/2022

Geuss claims to be a liberal against liberalism. Given that he has praised Lenin and Mao, that part about being against liberalism is certainly true. 

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Are Progressive "Experts" Fallible? Yes, But Don't Tell Them That

Progressivism

Blog11/18/2022

Ours is an age of the progressive expert who nearly always is wrong but still is embraced by progressive politicians, the media, and academe.

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