Mises Wire

How Capitalists Serve the Public Interest

Blog09/05/2020

Many view "the rich" as people sitting on sacks of money doing nothing with it. The truth is capitalists use capital to produce goods and services which benefit the public.

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The Feds Want to Snoop on Your Encrypted Data. It's "for the Children."

Big GovernmentLegal SystemThe Police State

Blog09/01/2020

Although governments continue to insist "it's for the children," we should never go back to the dark ages of privacy before easy-to-use encryption. Nor should we allow a "back door" for governments to access our data.

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Why Economics Cannot Be Understood through Experimentation

Philosophy and Methodology

Blog09/01/2020

Human beings make choices based on their own personal goals and values. There is no way to recreate these conditions in a laboratory experiment.

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Want to Really Cut Taxes? Cut Government Spending.

Taxes and Spending

Blog08/25/2020

To cut taxes without cutting spending means greater burdens on the private sector through more government borrowing, higher indirect taxes, and monetary pumping which will come in the future. 

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Why "Price Stability" Policies Fail

InflationPrices

Blog08/17/2020

All price changes have real effects on demand for goods, and therefore alter goods' prices relative to one another. For this reason changes in the money supply can't fail to affect resource allocation.

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The Origins of the Dollar's Value

Blog08/07/2020

 The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.

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Why Keynes Was Wrong about Consumer Spending

Blog08/04/2020

In the real world, an artificial boost in demand that is not supported by production leads to the destruction of a society's wealth.

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The Government Wants Your Crypto Data. And Lots of It.

Big GovernmentBitcoinThe Police State

Blog07/29/2020

Cryptocoins aren't entirely anonymous, and the state is hard at work gathering as much information as it can on all crypto users.

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