Mises Wire

Debunking Seven Common Criticisms of Austrian Economics

Austrian Economics OverviewPhilosophy and Methodology

Blog11/18/2020

If people want to dismiss this school of thought, which many seem inclined to do for political (not theoretical) reasons, at least they should do so based on facts and knowledge, not on falsehoods.

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Why Is the Fed So Afraid of Judy Shelton?

Blog11/17/2020

A single vote on the Fed's policymaking committees wouldn't make any real difference. On the other hand, the Fed will brook no dissent from the official media and academic narrative. 

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With a Biden Win, The War Party Will Be Back in Full Force

War and Foreign Policy

Blog11/17/2020

“What is the one thing that brings Republicans and Democrats together?” Rand Paul asked reporters. “War—they love it."

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The Dystopian "Fourth Industrial Revolution" Will Be Very Different from the First One

Big GovernmentCapitalismSocialism

Blog11/17/2020

Klaus Schwab of the World Economic Forum has big plans for a "sustainable" future. Most of it involves the destruction of markets and basic human rights.

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While Household Income Falls, Central Bankers Are Pushing for Higher Prices

Blog11/16/2020

The fact that prices are rising in a pandemic crisis is not a sign of success. It is evidence of central bankers' miserable failure and hurts every consumer who has seen revenues collapse by 10 or 20 percent.

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A Conversation with Lipton Matthews

CapitalismMedia and CultureWorld History

"While many academics in the developing world view economics as a zero-sum game, I never entertained the argument that wealth is necessarily due to exploitation."

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The Myth of America as a "Reluctant Superpower"

Book ReviewsWar and Foreign Policy

Blog11/16/2020

In this outstanding study, Stephen Wertheim shows that both views that dominate American foreign policy are wrong. In doing so, he vindicates for our time the merits of a noninterventionist foreign policy.

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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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