Mises Wire

Why Governments Hate Secession

Decentralization and SecessionWorld History

Blog4 hours ago

States seek to perpetuate themselves by seizing more control of capital and human beings. Size makes this easier. And every regime would become a mega-state like China or the US if it could.

Read More

Freedom and Prosperity in Liechtenstein: A Hoppean Analysis

5 hours agoThe Journal of Libertarian Studies
Liechtenstein has long been recognized as one of the most free and prosperous countries in the world. However, there has been little analysis of Liechtenstein’s development because the scant research that existed was in German and therefore inaccessible to most American scholars. Furthermore, many...
Read More

How Chile's Protesters Get Inequality and Poverty Wrong

Economic FreedomGlobal Economy

Blog8 hours ago

Allowing the market to operate with minimal government intervention has helped Chile become one of the freest and wealthiest countries in South America, especially when compared to its direct neighbors.

Read More

Some Problems with Worker Productivity Stats

Philosophy and MethodologyPrices

Blog02/18/2020

Government statistics on worker productivity combine many errors of aggregation such as "average prices" and the total purchasing power of money. So it's unlikely that productivity numbers tell us much that's useful.

Read More

Money, Inflation, and Business Cycles: The Cantillon Effect and the Economy

Book ReviewsInflationMoney and BanksCantillon

02/17/2020Quarterly Journal of Austrian Economics
Professor Arkadiusz Sieroń has written an important new book on the Cantillon effect, indicating that the effect of new money on the economy depends on where it is injected.
Read More

Bernie Sanders's Long History of Pushing Government Takeovers of Private Markets

Price ControlsProgressivismSocialism

Blog02/17/2020

The term "socialism" properly refers to government ownership of industry and service providers. In this respect, Bernie Sanders has a long record of proving he's a true socialist.

Read More

Social Security Is a Terrible "Investment"

Taxes and Spending

Blog02/17/2020

Social Security has been a money-losing mess for decades, and it's a major drain on private sector saving and investment.

Read More

Socialism: A Brief Taxonomy

Socialism

Blog02/15/2020

From orthodox Marxism to anarcho-syndicalism, here's a brief guide to the many flavors of socialism.

Read More
Shield icon wire