Mises Wire

Why GDP Can't Measure the Quality of Life

Philosophy and Methodology

Blog11/14/2020

GDP fails to account for many measures of quality of life, such as personal safety, the local climate, leisure time, and more.

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Why GOP Loyalists and Candidates Keep Moving Left

ProgressivismMedia and CultureStrategy

Blog11/11/2020

Unless the Left's opponents focus on changing voters' ideological drift to the left, candidates who want to actually win elections will have to keep moving left also. 

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Want to Reduce the Trade Deficit? Cut Government Spending.

Protectionism and Free TradeTaxes and Spending

Blog11/11/2020

A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree. 

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Why the Free Market Liberals Underestimated the Socialists

Blog11/07/2020

They masses only choose between the ideologies developed by the intellectual leaders of mankind. But the masses' choice is final and determines the course of events. If they prefer bad doctrines, nothing can prevent disaster.

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Why Asset Bubbles Involve So Much More Than Just Rising Prices

Booms and BustsMonetary Policy

Blog11/04/2020

What matters is not whether the emergence of a bubble is associated with price rises but rather the fact that the emergence of a bubble gives rise to nonproductive bubble activities.

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Why Threats of Election Violence May Be Here to Stay

U.S. History

Blog11/03/2020

A repeated pattern of close elections accompanied by threats of violence (or actual violence) is a sign that something is wrong with a nation's political system.

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Why Socialism Won’t End Worker "Exploitation"

Labor and WagesSocialismCapital and Interest Theory

Blog11/03/2020

Economic realities mean the socialist state would need to utilize the same method of discounting wages as capitalists do. The only difference is that under socialism, bureaucrats would do the "exploitation."

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Want to Make Drugs Less Lethal? Legalize Them.

Blog10/28/2020

With new legalization measures coming to the ballot box, voters have the opportunity to take steps that would reduce the drive to make drugs stronger and more potent, and more deadly. 

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