Mises Wire

Highway Robbery Continues to Be the Law of the Land

Big GovernmentMedia and CulturePoliticsThe Police State

Blog3 hours ago

Despite all of the adverse publicity about how police regularly abuse asset forfeiture laws, no one in law enforcement -- local, state, and federal -- is ashamed enough to stop this outright thievery of money and property from vulnerable people.

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Hubris Runs Rampant at the Fed

The FedFinancial MarketsMoney and BanksU.S. Economy

Blog02/23/2024

In a recent interview with 60 Minutes, Fed chairman Jerome Powell gave assurances that the US banking system is sound. Ben Bernanke also claimed almost twenty years ago that real estate markets were not overextended. The hubris must be in the water at the Eccles Building.

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Human Rights and the Public Good

DemocracyEconomic FreedomProperty RightsPrivate Property

Blog02/17/2024

Progressive elites tell us we will own nothing and will be happy. They forget that fundamental human rights are linked to property rights.

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How the US Regime Subsidizes Immigration—both Legal and Illegal

U.S. EconomyU.S. History

Blog02/15/2024

Governments in the US subsidize immigration through a bevy of welfare programs. The effect of subsidization is predictable: you get more of what you subsidize. This is true for student loans, ethanol, immigrants, and more.

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How Governor Whitmer Doomed Detroit Autoworkers

Bureaucracy and RegulationCorporate WelfareCronyism and CorporatismUnemployment

Blog02/14/2024

In 2022, Michigan Gov. Gretchen Whitmer used political favors and government grants to maneuver thousands of workers into jobs producing electric trucks. But consumers aren’t interested.

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How Carl Menger and the Austrians Helped to Steer Economic Theory in the Right Direction

Austrian Economics OverviewOther Schools of ThoughtPhilosophy and MethodologyProduction Theory

Blog02/03/2024

When Adam Smith and the English classicals promoted division of labor as the most important ingredient in economic development, it took Carl Menger and his Austrian successors to point out that error and promote the proper economic theory of production.

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Human Action Conference 2024

Blog01/26/2024

Join us in Auburn in 2024 for an event celebrating 75 years of Human Action.

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How to Free Ourselves from Government Money (Part III)

Money and Banks

Blog01/18/2024

Money is far too important to be left in the hands of bankers and of Establishment economists and financiers. To accomplish this goal, money must be returned to the market economy, with all monetary functions performed within the structure of the rights of private property and the market.

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