Mises Wire

The US's Latest Bombing Shows the US Lost the Iraq War

War and Foreign PolicyWorld History

Blog01/03/2020

"To recognize that the Baghdadi government is an enemy of the United States is to acknowledge that not only was the Iraq war a mistake, but that its outcome was a boon for Iran."

Read More

Understanding Money Mechanics

The FedFinancial MarketsMoney and BanksU.S. Economy

01/02/2020Audio/Video
Dr. Bob Murphy introduces an upcoming e-book on the mechanics of the Fed.
Read More

2019 Was a Bad Year for the "Only Cops Should Have Guns" Narrative

Legal SystemU.S. History

Blog01/01/2020

From cops killing innocents in their living rooms to private citizens shooting down criminal gunmen, 2019 provided some highlights of why so many Americans choose to arm themselves rather than trust in government protection.

Read More

Three Ways to Increase Workers' Wages

Labor and Wages

Blog01/01/2020

Many hourly employees in every state are paid higher than they are legally required to be, not because employers are generous, but because of worker productivity and competition over scarce labor.

Read More

"Rules of Origin" Show Why Trade Agreements Aren't Free Trade

Global EconomyProtectionism and Free Trade

Blog12/31/2019

A “free trade agreement” in practice isn’t simply an index card declaring, “Tariffs on Country X are 0 percent, three cheers for Bastiat!” These are managed trade agreements, with hundreds of pages devoted to detailed regulations that smack of top-down Soviet planning.

Read More

This President Was Impeached for Being Insufficiently Pro-War

12/31/2019Power & Market

There are certainly good reasons to impeach presidents, but Trump's alleged "treason" isn't one of them.

Read More

In Healthcare, a Little Bit of Market Freedom Goes a Long Way

Cronyism and CorporatismFree MarketsHealth

Blog12/30/2019

Clearly marked prices on private-sector cash-payment surgeries are a great thing. In fact, the competition of for-profit surgery centers drives down prices at more "traditional" (i.e., highly bureaucratized) hospitals.

Read More

How to Write and Understand History

Philosophy and Methodology

Blog12/28/2019

Economic history is possible only because there is an economic theory capable of throwing light upon economic actions. If there were no economic theory, reports concerning economic facts would be nothing more than a collection of unconnected data open to any arbitrary interpretation.

Read More
Shield icon wire