Mises Wire

Mises in Peru: La Prensa Interview, 1950

Global EconomyWar and Foreign PolicyWorld History

Blog08/24/2021

In this brief interview, Ludwig von Mises discusses the state of the global economy, the Marshall Plan, and the road to recovery.

Read More

Where Prices Come From: Menger Explains

Value and Exchange

Blog08/24/2021

Because people strive to improve their condition, they exchange goods and, in this sense, they create the necessary conditions for the emergence of prices. Prices are simply an unintended consequence of the human quest to improve one's life.

Read More

Macroeconomic Data Is a Tool for Government Intervention

U.S. Economy

Blog08/24/2021

In a free, unhampered market, businesspersons in the pursuance of their goals will not require macroeconomic indicators. Entrepreneurs require an entirely different kind of data than what government data provides.

Read More

British Columbia’s Supreme Court Gets an F in Healthcare Economics

Health

Blog08/23/2021
Canadian hospitals operate under fixed budgets dictated by the government. When this tax revenue is depleted before the end of the year, as often happens, new patients are put on a waiting list. This problem isn't getting any better.
Read More

Don't Be Fooled by the Fed's Taper Talk

Money and Banks

Blog08/23/2021

There won't be a taper tantrum if the Fed seriously moves toward tapering. Investors now understand how the game works. Tapering doesn't actually mean the end of monetary inflation, and everyone knows it. 

Read More

Beer: A Short and Bitter History of Regulation

Bureaucracy and RegulationProtectionism and Free TradeWorld History

Blog08/21/2021

Some think that beer's history of regulation begins with hops, but beer has been hemmed in by government red tape for much longer.

Read More

The End of the Gold Standard. Fifty Years of Monetary Insanity

Gold StandardMoney and Banking

Blog08/21/2021

The gold standard supposed a limit to the fiscal voracity of governments, and suspending it unleashed the perverse proclivity of the states toward indebtedness and to pass the current imbalances on to future generations.

Read More

Bretton Woods and the Spoliation of Europe

World HistoryGold Standard

Gold was only included in the plans for the Bretton Woods system because of the veneer of solidity it gave.

Read More
Shield icon wire