Mises Wire

End the Drug War for These Very Practical Reasons

HealthLegal System

Blog02/20/2018
Drug addiction is indeed a serious problem. But the war on drugs does not lessen this problem, nor does it address the core issues leading to addiction.

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E-Verify Threatens Us All

Bureaucracy and RegulationLegal System

Blog02/13/2018
E-Verify could be used to punish anyone who displeases the government, from immigrants to homeschoolers to gun owners.

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End Space-Station Funding Right Now

Corporate WelfareTaxes and Spending

Blog02/12/2018
If government funding of a space program is justified because it has “benefits,” then no argument can be made against government funding of anything.

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Equilibrium, Profit and Loss, and Entrepreneurship

The EntrepreneurEntrepreneurship

01/22/2018Books
Mises stated that general equilibrium is purely a methodological device with no counterpart in the real world. It only defines profit and loss.

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Economics Is Like Birdwatching — You Have to Know What to Look For

Bureaucracy and RegulationCalculation and KnowledgePhilosophy and Methodology

Blog01/20/2018
Using economics is akin to birdwat­ching, except for the fact that few untrained birdwatch­ers presume they have enough expertise to “educate” others.

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Economic Value and the Post Office

12/31/2017Power & Market

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Expand Tax Breaks to Expand Education

Taxes and Spending

Blog12/20/2017
Cutting taxes on investment income can be key in helping taxpayers afford a better education.

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Entrepreneurship: Kirzner vs. Mises

EntrepreneurshipHistory of the Austrian School of EconomicsPhilosophy and Methodology

Blog12/12/2017
Mises conceives of the entrepreneur as the uncertainty-bearer. For Kirzner, entrepreneurship becomes reduced to the quality of alertness.

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Eliminating the State and Local Tax Deduction Is a Terrible Idea

Decentralization and SecessionTaxes and Spending

Blog11/29/2017
The federal tax burden is huge compared to state and local taxes. Even in California.

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Europe's Secession Problems Aren't Going Away

Blog10/19/2017
As time goes on, it's going to be harder and harder for nation-states to defend the current configuration of their national borders.

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