Mises Wire

The Problem with Private Prisons Is Not that They Are Private

Blog08/15/2019

Private prisons are private in name only. They are merely adjuncts of the state, and the real problem is these prisons warehouse many people the state should not have put in prison in the first place.

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Tucker Carlson and AOC Are Wrong About Christianity and Usury

Money and BanksWorld History

Blog05/21/2019

Alexandria Ocasio-Cortez thinks Christian theology supports her bill on excessive interest. Her position ignores the actual history of Christian views of usury.

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The Gateway Drug Myth

HealthLegal System

Blog05/17/2019

The Time magazine article creating "the gateway drug" myth in the 1970s provided no citations for its claims, except ambiguous references to unnamed “experts.” The evidence remains elusive 40 years later.

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The Major Contributions of the Scholastics to Economics

EducationFree MarketsGlobal EconomyHistory of the Austrian School of Economics

04/08/2019Mises Daily Articles
The Scholastics were constrained in their development of economics by considerations of deference to authority and by the relatively slow development of the external economic conditions upon which to reflect.
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Thanks to Markets, Mobile Phones Have Been a Game-Changer for the World's Poor

World History

Blog03/12/2019

Thanks to trade and the pursuit of private-sector profits, even the poorest regions of the world have gained access to modern telecommunications at an astounding speed.

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The Emergence of Grant, Part 2: Fort Henry

U.S. HistoryWar and Foreign Policy

02/13/2019Audio/Video
Chris Calton recounts a victory that would give the Union access to the Confederate heartland—the capture of Fort Henry.
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The Emergence of Grant, Part 1: Finding the Gateway

U.S. HistoryWar and Foreign Policy

02/06/2019Audio/Video
Chris Calton details Ulysses S. Grant's early actions in the Civil War.
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The Beauty of Consumer Reviews

Calculation and Knowledge

Blog01/31/2019

Consumer reviews demonstrate one of the important ways that the market itself provides people with more important information in making purchasing decisions.

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