Mises Wire

Public Goods, National Defense, and Central Planning

Taxes and SpendingWar and Foreign Policy

Blog02/27/2018
Since national defense is not bought and sold in markets, we can't really know its value or whether there is too much or too little of it.
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Paul Krugman Should Love President Trump’s Infrastructure Plan

U.S. EconomyOther Schools of Thought

Blog02/09/2018
If President Trump’s infrastructure proposal works out exactly as Paul Krugman has described it, Krugman should be applauding it.
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Paul Leroy-Beaulieu: A Warning Voice About the Socialist Tragedy to Come

Socialism

Blog01/30/2018
Leroy-Beaulieu wrote about the dangers and nature of socialism three decades before the Russian Revolution began. The tiger never changes its stripes.
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Profit and Charity Are Not Mutually Exclusive

Monopoly and CompetitionPolitical TheoryValue and Exchange

Blog01/29/2018
In order to pursue “social justice” goals, firms must first manage to turn a profit. Otherwise, they'll disappear.
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Psychology vs. Praxeology

Calculation and Knowledge

01/24/2018Books
Mises’s exposition of economic science differed decisively from all modern authors in that it drew a sharp line between praxeology and psychology.
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Patients Are “Dying in Corridors" of Britain’s Socialised Health System

Health

Blog01/23/2018
Britain's socialised healthcare system seems to be in a permanent state of crisis.
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Planned Obsolescence Isn't Really a Problem

Bureaucracy and Regulation

Blog01/22/2018
The concept of “planned obsolescence” makes no economic sense and is often an excuse for governments to harass and shake down innovative entrepreneurs.
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Protectionism Is About Much More than Nationalism

Cronyism and CorporatismInterventionism

Many forms of protection stem not from geopolitical concerns but from parochial attempts at limiting local competition.
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