Mises Wire

The Sword of Damocles Hangs over Every Property Owner

Property Rights


In his new book, The Great Fiction, Hans-Hermann Hoppe discusses how every property owner now faces the threat of his property being turned into "fiat property" at the whim of the state, at any time. 

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The Problem with "Just Do What the Cops Say and You Won't Get Hurt"



Apologists for police abuse often claim that if a citizen complies with police orders and does what he's told, then he won't get hurt. The evidence says otherwise. 

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The Interesting Case of the Zaïre—the Question MMT Cannot Answer

Money and Banks


The case of the zaïre currency in the Democratic Republic of the Congo provides strong anecdotal evidence discounting the fiat currency–obsessed modern monetary theory.

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The Plutocrats of Wall Street and Silicon Valley Are Scamming America

Cronyism and CorporatismTaxes and Spending


Free market advocates long ago figured out that the monied classes of bankers and Wall Street operatives were exploiting the "little people" to prop up the fortunes of what is now the billionaire class. The scam is alive and well today. 

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The Plan to Save the the Postal Service by Making It Even Worse

U.S. History


The post office can't seem to balance its books. So like all monopolists, the postal service plans to "improve" things by increasing prices and making its service even worse. 

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The Inverted Yield Curve and Recession

Booms and BustsCapital and Interest Theory


Economists have failed to explain the mechanism by which an inverted yield curve signals an impending recession. But the Misesian explanation of the business cycle quite easily explains the pattern we observe in interest rates.

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The 200th Anniversary of a Great American Demolition of Tyranny


John Taylor's Tyranny Unmasked is one of the best American books on trade by one of the most thoughtful and least appreciated political analysts of the founding era.

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The Equality Act's Attack on Religion Is Really about Private Property Rights

U.S. History


Like other "antidiscrimination" schemes, the Equality Act is just another way to to extend federal power over every private institution and aspect of private life. 

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