Mises Wire

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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Are Expectations the Driving Force Behind Business Cycles?

Booms and BustsBusiness Cycles

Blog07/22/2019

Even if business people learn to expect easy-money caused bubbles and busts — this would still not prevent the formation of a boom-bust cycle. 

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A Bookmaker With the Mind of Mencken

Book Reviews

Blog07/19/2019

After quoting H.L. Mencken’s famous quip, “Nobody ever went broke underestimating the intelligence of the American people,” Andrews wonders, “I don’t know if old H.L. was a bookmaker, but he would have been a great one if he had been.”

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