Mises Wire

Why Racism Can't Explain Europe's Drive for Conquest and Colonial Power

World History

Blog3 hours ago

Historically, Europeans had few qualms about conquering and enslaving other Europeans. This presents some problems for the narrative claiming that injustices committed by Europeans are motivated primarily by racism.

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Why Slave Economies Thwart Entrepreneurial Innovation

CapitalismU.S. HistoryWorld History

Blog10/15/2020

In a slave economy, slave owners seek technological innovations that make slave labor more productive. But they also place inefficient and artificial limits on innovations that might change the established social order.

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Why There's So Much Confusion over What "Inflation" Means

Blog10/13/2020

Not all increases in money supply lead to inflation. A currency fully backed by a commodity like gold does not cause inflation like an increase in unbacked fiat money does.

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What "Experts" Miss about Economic Inequality

Price ControlsMonetary PolicyPoverty

Blog10/08/2020

Many of the "solutions" peddled by today's experts are more likely to increase wealth inequality than decrease it.

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Why "Taxing the Rich" Doesn't Make Us Better Off

Blog09/28/2020

Because the rich generally save and invest more of their income than the less wealthy, they are the primary builders of the pool of available capital. Taxing away their incomes means less capital for everyone.

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What Is Conservatism?

Blog09/24/2020

Although many Americans often conflate the two ideologies, conservatism and (classical) liberalism are historically quite distinct. Indeed, conservatism has long been explicitly hostile to both capitalism and classical liberalism.

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What's with the Rich Kid Revolutionaries?

ProgressivismMedia and Culture

Blog09/22/2020

It seems that the rest of us will be forced to suffer as egalitarian rich kids work out their psychological problems through some window-smashing therapy.

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Why They Want to Destroy Julian Assange

Legal SystemThe Police StatePolitical Theory

Blog09/21/2020

The trial of Julian Assange will have consequences that are far larger than the man himself. Whatever will be Assange's future, he is already one more martyr in the historic struggle for political freedom from which everyone can take inspiration.

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