Mises Wire

How I Discovered Murray Rothbard

History of the Austrian School of Economics

Blog9 hours ago

In Rothbard’s writings I did not find only something totally new to me, but I also found, explained in consistent and simple words, the reasons for the inefficiency and failure of most of the politics of my country, Italy.

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How Not to Argue against the Minimum Wage

Bureaucracy and RegulationLabor and Wages

Blog02/11/2021

There are plenty of sound reasons to oppose government minimum wage laws, but there is one objection making the rounds that is based on bad economics and should be avoided, and that’s the "businesses will pass on the costs to consumers" objection.

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How Markets Turn Lousy Products into Great Ones

CoordinationThe EntrepreneurValue and Exchange

Blog02/09/2021

Centrally planned economies often stick with terrible ideas for many years. But markets can take bad products, learn from them, and turn them into great products that give the public what it wants and needs.

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How the American Revolution Turned North American Foreign Trade on Its Head

U.S. History

Blog02/05/2021

After peace came in 1783, the new republic faced a twofold economic adjustment: to peacetime from the artificial production and trade patterns during the war, and to a far different trading picture than had existed before the war.

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How the Progressives Conquered Corporate America

The Entrepreneur

Blog02/05/2021

The concern over concentrated influence of corporate special interests is valid, but not because corporate special interests will prevent economic regulation. The problem is corporate executives consistently agitate for more government control. 

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How the Covid Crisis Exposed the Absurdity of "Certificates of Need"

Bureaucracy and RegulationHealthPrices

Blog01/26/2021

We're often told that it is too difficult to access healthcare services in America. So why are "certificate of need" laws being enacted making it harder to create new healthcare facilities? 

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Halfway to Secession: Unity on Foreign Policy, Disunity on Domestic Policy

Decentralization and SecessionU.S. History

Blog01/20/2021

Expect opponents of secession and decentralization to start claiming that neither option is acceptable because any big change to the status quo could endanger American "strength" in foreign policy. Don't listen to them. 

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How Government Policy Reduces Fertility

World History

Blog01/15/2021

Government policy now ensures that the benefits of children are socialized, while the cost of raising children remains private. If you wanted to reduce families, you couldn’t think of anything better.

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