Mises Wire

Beware Washington's Latest Trillion-Dollar Infrastructure Scheme

Blog06/29/2020

The Democrats want trillions spent on infrastructure for a "Green New Deal." The GOP wants a trillion for roads and bridges. They're likely to find a way to "work together" to spend trillions either way.

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Be Thankful for Those Who "Only Do It for the Money"

Media and CultureSocialism

Blog05/06/2020

Doing things for money does not justify moral condemnation, unless using money to support your family, live up to the agreements you have made, and to try not to burden others justifies moral condemnation.

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Bitcoin and the Theory of Money

History of the Austrian School of EconomicsMonetary Theory

Blog04/29/2020

In the latest installment of Understanding Money Mechanics, Robert Murphy explains what Bitcoin is, how it works, and how it fits into Misesian monetary theory.

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Business Owners Understand Why the Economy Can't Just Be "Reopened"

Business owners and entrepreneurs are our "meal ticket," our "golden goose." The sort of thinking that shuts them down on the whims of politicians poses grave economic threats to us all.

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Builders in Denial

Booms and BustsFinancial Markets

Blog04/13/2020

This year, as in 2006, the real estate industry is in denial about the state of the economy.

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Beyond the NAP: Rothbard's Full Case for Liberty

StrategyPhilosophy and MethodologyPolitical Theory

Blog04/08/2020

The nonaggression principle—"anything peaceful"—comes as close to a value-free analysis in a political, ethical, economic, and legal theory as conceivably possible. It was insufficient for Rothbard, because he rightly found it insufficient for liberty.

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Bureaucrats Can't Fix This

Money and BanksTaxes and Spending

Blog04/02/2020

Bureaucrats cannot conjure wealth from nothing. They only have what they extract from the private sector. Unfortunately, the bureaucrats are now starving the private sector of funding while making government budgets ever larger.

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