Mises Wire

A Tale of Two Legal Systems: Common Law and Statutory Law

Law

Blog3 hours ago

Legal systems matter, and common law better serves a free society than statutory law, with its emphasis upon legal positivism.

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A Triple-Barreled Gun Is Destroying African Economies: Inflation, Government Debt, and Taxes

Bureaucracy and RegulationInflationPovertySocialismTaxes and Spending

Blog06/17/2022

African economies aren't being strangled by capitalism but by statism, which has imposed inflation, debt, and high taxes.

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Are Technology Shocks Responsible for Business Cycles? In a Word, No.

Booms and BustsEconomic Policy

Blog06/10/2022

The theory of real business cycles won a Nobel Prize, but it ultimately confuses cause with effect.

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Are Today's Homeownership Rates Sustainable?

U.S. Economy

Blog06/08/2022

Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt.

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Austrian Economists Are Not Surprised by the Shortages

Booms and BustsCoordinationBusiness Cycles

Blog05/23/2022

While supporters of the Biden administration fault Putin for shortages, Austrian economists know the answer lies in Washington's monetary and economic mismanagement.

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A Medical Revolt Is Coming

CapitalismEconomic FreedomInterventionismPricesValue and Exchange

Blog05/17/2022

The absence of market discipline in medicine cannot last. Governments and the medical cartel have successfully used fear to maintain control.  Fear has kept the masses from rising up. Until now. 

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Africa's Way Out of Monetary Colonialism

Central BanksInflationMonetary PolicyWar and Foreign Policy

Blog05/12/2022

Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.

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Austrians Have Been Correct about Big Tech: Elon Musk Just Proved Them Right

Corporate WelfareDemocracyEconomic Freedom

Blog05/05/2022

The partisan leftism of much of the tech industry has led to conservatives calling for state intervention in the digital sphere. Elon Musk's recent purchase of Twitter proves this was wrong.

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