Mises Wire

When It Comes to Raw Power, Few Have More of It Than Central Bankers

Media and CultureSocialismValue and Exchange

Blog8 hours ago

Anticapitalists often complain that people with more money exercise power over people with less money. Yet these same people seem oddly untroubled by the fact that central bankers can manipulate the money supply at any time to enrich themselves at everyone else's expense.

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Why Rothbard Wanted "Radical Decentralization"

Decentralization and SecessionHistory of the Austrian School of Economics

Blog02/21/2020

Secession and decentralization are good for two reasons: they move us toward a society with more individual freedom. And smaller, more decentralized societies are more economically free.

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Why It's so Hard to Escape America's "Anti-Poverty" Programs

Economic FreedomPovertyTaxes and Spending

Blog02/20/2020

Between the regulation of business and penalties for rising income, anti-poverty policies in America make it so that many workers have no clear path to escape poverty.

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Why Governments Hate Secession

Decentralization and SecessionWorld History

Blog02/18/2020

States seek to perpetuate themselves by seizing more control of capital and human beings. Size makes this easier. And every regime would become a mega-state like China or the US if it could.

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What Margit von Mises Loved Most About Ludwig

History of the Austrian School of Economics

Blog02/14/2020

Margit von Mises wanted her husband to be remembered for his humanity as much as his wisdom.

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Wicksteed on Surplus Value

Blog02/14/2020

Many people are familiar with Eugen von Bőhm-Bawerk's damning critique of Marx, but Philip Wicksteed also took the time to show where Marx had gone wrong and struck his surplus theory of value a fatal blow.

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Why Entrepreneurs Miss Market Opportunities

The Entrepreneur

Blog02/11/2020

Consumers are unpredictable, so it's very easy to miss important entrepreneurial opportunities. Entrepreneurship isn't as easy as it looks.

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Why Open Borders Between States in America Might Lead to Disaster

Blog02/07/2020

The lack of state-to-state border controls has often served as an excuse to increase federal regulation of all states in the name of "uniform" laws. We've seen this with guns, drugs, alcohol, and migrants.

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