Mises Wire

Do We Consent to Government by Refusing to Emigrate?

World HistoryPhilosophy and Methodology


John Locke was ridiculed for suggesting that people "consent" to their government by not emigrating. Hume suggested this theory could be used to claim consent for even the most outrageous tyrants.

Read More

Did Debt Exist Before Money? It Doesn't Matter

Monetary Theory

We should rewrite our textbook accounts to include the possibility of credit preceding a common medium of exchange and call it inter-temporal barter.

Read More

Demagoguery vs. Data on Employment in America

Global EconomyU.S. EconomyU.S. HistoryPolitical Theory

03/15/2016Mises Wire
While fewer people work in manufacturing jobs today, American workers make more stuff than ever before, thanks to huge strides in productivity. Meanwhile, many people working in the much-maligned service sector make more than those still in manufacturing.
Read More

Daylight Saving Time: A Government Annoyance

Big GovernmentU.S. HistoryPolitical Theory

03/11/2016Mises Wire
Is there anything the state won't micromanage? Back in the 1970s, the Feds passed "emergency" legislation imposing daylight saving time. We're still living with this pointless and annoying mandate today.
Read More
Shield icon wire