Mises Wire

The COVID Stimulus is the Government’s Latest Rejection of Say’s Law

Monetary PolicyProduction Theory

Blog05/08/2020

No matter what levers are pulled by the fiscal and monetary authorities, stones will not be turned into bread.

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This Bust Wasn't Caused by a Virus

Booms and BustsFinancial MarketsLabor and Wages

Blog04/24/2020

The COVID-19 panic may have sped up the beginning of this economic crisis, but the virus wasn’t the cause. The real cause of the crisis was the boom that came before it.

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Three Arguments Debunking Marx’s Labor Theory of Value

Labor and WagesSocialismOther Schools of Thought

Blog12/21/2019

As dismissive as many of us would like to be toward Marx’s thoroughly debunked labor theory of value, it still holds currency among today’s budding socialists.

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The Cost of Government Is Rising Much Faster than Housing and Healthcare

Taxes and Spending

Blog11/09/2019

The American cost of living is driven up not only by housing and healthcare costs, but by even larger increases in tax bills and government spending.

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Three Ways Capitalists Make Workers Better Off

The EntrepreneurLabor and Wages

Blog06/07/2019

Capitalists provide a service to workers: access to capital with no risk, and immediate payment for services. Meanwhile, starting your own business brings both risk and a long wait before the profits start rolling in.

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The Unseen Costs of "Medicare for All"

Health

Blog05/21/2019

Many of the worst costs that will come with "Medicare for All" won't be calculated in dollars. They'll come in the form of doctor shortages, long wait times, and less access to care.

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The Morning of November 11, 1918

Blog11/12/2018

The costs of recovering from the war would be paid by those who had had little to do with bringing about the massacres.

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The Problem of Cubicles and the "Open Office"

Bureaucracy and RegulationTaxes and Spending

Blog10/01/2018

The real motivations behind using both cubicles and the so-called open-office concept are something different than what we are told.

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