Mises Wire

The Majority of Virginia Homicides Come from Only Two Metro Areas

Bureaucracy and RegulationLegal System

Blog01/22/2020

Just two metro areas in Virginia reported more homicides than all the rest of the state combined.

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The Limits of Economic Calculation

Calculation and KnowledgeValue and Exchange

Blog01/21/2020

It is possible to determine in terms of money prices the sum of the income or the wealth of a number of people. But it is nonsensical to reckon national income or national wealth.

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The Libertarian Legacy of the Old Right: Democracy and Representative Government

U.S. HistoryPolitical Theory

01/20/2020The Journal of Libertarian Studies
What is the relationship between libertarianism and democracy? This article unveils a well-consolidated tradition of criticism of democracy within libertarian political philosophy.
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California's Anti-Self-Employment Law Is Already Crushing Freelancers

Big GovernmentBureaucracy and RegulationLabor and Wages

Blog01/18/2020

State lawmakers possess an infinite source of good intentions. Wielding the power of this limitless benevolence and munificence, politicians are regulating the lives of citizens while eviscerating their existence in the process.

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The World Looks to Abandon the Dollar as US Sanctions Tighten Their Grip

Money and BanksWar and Foreign Policy

Blog01/15/2020

The US's enthusiasm for sanctions means Europe is learning the price of doing business with the United States and with the dollar.  They're now developing new ways to work around the the US-dominated financial system.

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Huge Debt Got Us Hooked on Petrodollars — and on Saudi Arabia

Blog01/14/2020

Petrodollars and petrodollar recycling are at the heart of what keeps the US debt and money-printing mechanism going. The geopolitical stakes are very high.

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How Do We Calculate Value?

Calculation and KnowledgeValue and Exchange

01/14/2020Articles of Interest
Judgments of value do not measure: they arrange, they grade. If he relies only on subjective valuation, even isolated man cannot arrive at an economic decision based on more or less exact computations in cases where the solution is not immediately evident. To aid his calculations he must assume...
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Subprime Loans Will Be Back with a Vengeance in 2020

Booms and BustsFinancial Markets

Blog01/14/2020

After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance. Subprime has become prevalent in every facet of the credit industry, and we should be terrified.

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