Mises Wire

America’s Big Three Entitlement Bankruptcies Are Inevitable

Booms and BustsU.S. EconomyU.S. HistoryWorld History


If the twentieth century was the American century, the twenty-first is turning into the American bankruptcy century.

Read More

AI Lacks the Entrepreneurial Intelligence to Plan an Economy

The EntrepreneurPlanningSocialismCalculation and Knowledge


Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of an entrepreneur.

Read More

Against Our Limitless Regime: An Empire of Lies


Join Ted Carpenter, Michael Rectenwald, Karen Kwiatkowski, and Jonathan Newman for a no-holds-barred discussion against the regime.

Read More

A Higher Minimum Wage Won't Improve Life in Pennsylvania

Economic PolicyLabor and WagesProgressivismUnemployment


Forcing the minimum wage above the real market wage causes more unemployment. Small businesses suffer from these mandates as do the least productive workers. 

Read More

A Peaceful International Order Needs Free Markets

PoliticsProtectionism and Free TradeThe Police StateWar and Foreign Policy


The recent declaration of the G7 sounds more like "we want to rule the world" than "we want peace." Other nations are tired of the West's phony Rules Based Order.

Read More

Assumptions Matter Both in Economics and in the Real World

Other Schools of ThoughtPhilosophy and MethodologyPraxeology


One of the standard doctrines of mainstream economics is that the assumptions of a model do not have to reflect reality. Austrian economics vociferously disagrees.

Read More

After the Debt Ceiling Deal: Look for Liquidity Problems in the Markets

The FedMonetary PolicyMoney and BanksU.S. Economy


As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.

Read More