Mises Wire

Antitrust Regulation Assumes Bureaucrats Know the "Correct" Amount of Competition

U.S. Economy

Blog11/16/2021

The process of learning what’s most efficient and profitable includes merging with competitors and taking over different stages of the supply chain—all tactics that would be considered in violation of current antitrust laws.

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Since 2008, Monetary Policy Has Cost American Savers about $4 Trillion

Money and Banks

Blog11/15/2021

After thirteen years with on average negative real returns to conservative savings, it is time to require the Federal Reserve to address its impact on savers.

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Nullification Works: Republicans Look to Legalize Marijuana as States Ignore Federal Drug War

Decentralization and Secession

Blog11/15/2021

The ongoing success of the cannabis nullification effort has shown the uselessness of those who repeatedly chant slogans about “federal supremacy” and “If you don’t like the (federal) law, change it.”

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What the United States Can Learn from the European City-States

U.S. History

Blog11/15/2021

If US states are able to act independently, there is a greater chance for competition between jurisdictions, incentivizing states to provide a higher quality of life and to attract productive newcomers.

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Will the Next "Skyscraper Curse" Be Found in the Digital World?

U.S. Economy

Blog11/13/2021

Our largest skyscrapers exist no longer physically, but in a world of ones and zeroes. The most groundbreaking technology projects springing from malinvestment may be digital the next time around.

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Biden's Infrastructure Plan Points to Even More Price Inflation

Taxes and Spending

Blog11/13/2021

An additional—and quick—$1 trillion spending boost in energy-intensive and material consuming industries is likely to create new problems in terms of inflation and supply shortages.

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Lincoln and the Social Contract

U.S. History

Blog11/12/2021

Lincoln thought the possibility of secession gave minorities too much power. The solution for him was for the majority to coerce the minority, negating, through force, the minority’s withdrawal of its consent.

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Get Ready for the Socialist Calculation Debate Redux

World History

Blog11/12/2021

Ideas matter, but they matter when and because they are put into practice. We're seeing rising romanticism around central planning so we're going to have to refight the socialist calculation debate all over again.

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