Mises Wire

Europe Needs to "Harmonize" to Ireland's Tax Level, not to France's

Global EconomyTaxes and Spending

Blog08/04/2018

European bureaucrats thinks tax rates should be similar across the zone. But they naturally want all tax rates to "harmonize" at high rates, like those in France.

Read More

Expect More Instability, Corruption, and Crime from Mexico's AMLO

Blog07/27/2018

What does this sea-change in the political landscape mean for Mexico?

Read More

Economists Won't Predict the Next Crash — Because They Can't

Money and BanksBusiness CyclesMoney and Banking

Blog07/05/2018

Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so. 

Read More

Economic Growth Isn't the Cause of Inflation

The FedMoney and Banking

Blog06/30/2018

A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping. 

Read More

Economics Is Not Rocket Science — It's Even More Complicated

Philosophy and Methodology

Blog06/15/2018

Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics. 

Read More

Elon Musk, Crony Capitalist

Bureaucracy and RegulationCronyism and Corporatism

Blog05/25/2018

Government loves to set up "public-private partnerships"  for the benefit of both government and certain favored businesses.

Read More

Economics Doesn't 'Measure' or 'Predict', It Explains

Austrian Economics OverviewPricesValue and Exchange

The purpose of economic science is not to resolve all social problems, nor does it have appropriate tools for this. 

Read More

Economic Warfare

Free Markets

04/25/2018Mises Daily Articles
Pundits use the language of war and strife to depict economic relationships, but economics addresses mutual benefit, or positive-sum games.
Read More
Shield icon wire