Mises Wire

The Problem with "Stakeholder Capitalism"


There's nothing wrong with firms focusing on wealth maximization. In fact, this process allows for workers and investors to gain more wealth—and to put that wealth to use helping everyone in society.

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The Left Still Pines for Socialist War Planning

War and Foreign Policy


Left-leaning economists and journalists apparently still harbor nostalgia for the central planning and protectionism of the "good ol' days" of the Second World War.

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There's Nothing Hawkish about the Fed's New Tapering Plan

U.S. History


In a normal universe, we have a name for this sort of monetary policy: it’s called “extreme dovishness” or “extremely accommodative.” In the bizarro world of 2021, it is anti-inflationary.

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The Madness of Taxing Unrealized Capital Gains

Taxes and Spending


The new proposal is framed as a tax on the ultrarich. The same was true of the new income tax in 1913. If given the power to tax unrealized gains, expect the feds to expand the tax to ordinary people.

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The Great Reset, Part VI: Plans of a Technocratic Elite

PlanningThe Police State


The cozy relationship between multinational corporations and governments has aroused the scorn of a few left-leaning critics. They note that the governance model of the World Economic Forum represents at least the partial privatization of the UN’s Agenda 2030, with the WEF bringing corporate...

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The Federal Reserve’s Assault on Savers Continues

Money and Banks


Any economist should have been able to see that having the monetary spigot on full blast to “stimulate” would raise prices down the road.  We are now down that road.

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The Historical Origins of Modern American War Crimes

Book Reviews


In many ways, the American war crimes of Korea and Vietnam were a continuation of American military conduct in the Civil War and during the Indian wars. 

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The Tragedy of the Government's Ban on Human Organ Sales


New tech shows some light at the end of the tunnel. But for decades, government bans on a market for human organs has condemned millions of people to early deaths and immense pain. 

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