Mises Wire

Biden Has Embraced Trump's Protectionism

Protectionism and Free Trade

Blog3 hours ago

Tariffs and trade controls are little more than tax increases and a chance to further empower a bloated bureaucracy. Not surprisingly, Biden doesn't appear to be enthusiastic about embracing free trade.

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A History of Cronyism in America

Book ReviewsU.S. History

Blog8 hours ago

Cronyism: when the government passes policies to benefit special-interest politicians, bureaucrats, businesses, and other groups at the expense of the general public.

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Today's Tech Giants Aren't Really Monopolists

Blog12/06/2021

The definition of a monopoly (and therefore of competition) in traditional economic theory is arbitrary. And there are many reasons why big companies with little "competition" are beneficial.

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Bitcoin Isn't Any More Dangerous than the Euro

Money and Banks

Blog12/06/2021

It's a bit rich that European central bankers are decrying the alleged risks and dangers of bitcoin. After all, the euro currency poses many destabilizing dangers and risks of its own for the European economy.

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When Fiat Currency Stops Being Money

Money and Banks

Blog12/04/2021

If the private sector does not accept a currency as a general means of payment and a store of value, the currency becomes worthless and ceases to be money. Ultimately, it becomes useless paper.

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Poland's Beef with the EU Shows the Dangers of Political Centralization

Decentralization and SecessionGlobal EconomyWar and Foreign Policy

Blog12/04/2021

The more the EU micromanages Polish internal affairs and punishes Poland for the simple act of exercising self-determination, more the benefits of leaving the bloc altogether will continue to increase.

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Equality and Envy

Socialism

Blog12/03/2021

There are many reasons why activists and intellectuals oppose inequality. Envy is one of them.

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The DC Sniper Rampage: The Biggest Police Debacle of the Century?

U.S. History

Blog12/03/2021

The Washington area was traumatized for weeks by two dimwitted psychopaths who rode around brazenly shooting people from the trunk of their ancient Chevrolet. Sadly, law enforcement officials had apparently met their match.

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