Mises Wire

A Rothbardian Take on Negative Interest Rates

Money and BanksMonetary TheoryMoney and Banking

Blog8 hours ago

Joe Weisenthal is questioning whether people should be able to deposit their money in a checking account and be paid interest on it — Rothbardians have been saying that for decades. 

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Austrian Economics Can Help Investors Look Beyond Short-Term Thinking

Blog08/17/2019

Francsico García Paramés notes that economists who focus on near-term forecasting are generally useless to investors. But principles of Austrian economists — and a long-term view in general — can provide insights outside the mainstream.

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Auberon Herbert On Self Defense

Political Theory

Blog08/16/2019

"If the self is the real property of the individual, force may be employed to repel the force that would take from an individual this special bit of property in himself."

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A Prince of Liechtenstein Discusses Private Property and Political Discourse

Global Economy

Blog08/16/2019

"The biggest problem, not only economically but also politically, is the debt problem. It is unimaginable, how this madness of creating more and more debt and just pushing the economy by inflating the money supply will end."

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Abolish the Federal Death Penalty

Legal System

Blog08/13/2019

Federal criminal prosecutions ought to be abolished and left to the states. But until that happens, abolishing the federal death penalty is a good place to start.

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A World of Malice

StrategyPolitical Theory

Blog08/12/2019

Jeff Deist reviews Michael Malice's The New Right in the forthcoming September/October issue of The Austrian.

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Altruism vs. Materialism in Market Exchange

Philosophy and MethodologyValue and Exchange

Blog07/26/2019

Other psychic factors being equal, it is to everyone's self-interest to maximize his monetary income on the market. But this maximum income can then be used for either “selfish” or for “altruistic” ends.

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Austrian-Style Entrepreneurship Explains Much of China’s Growth

The EntrepreneurEntrepreneurship

Blog07/22/2019

For centuries, entrepreneurial talents in China were diverted to military wars, political struggles, and government services. But now things are changing.

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