Mises Wire

Universal Basic Income: A Dream Come True for Despots

Big GovernmentThe Police State

Blog01/11/2020

A universal basic income can easily be weaponized as a tool to punish "antisocial" behavior such as holding "unacceptable" political views or otherwise engaging in what the state doesn't like.

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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.
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Understanding Elizabeth Warren's "Radical" Wealth Tax

Big GovernmentTaxes and Spending

Blog12/03/2019

Elizabeth Warren’s proposed wealth taxes will have devastating consequences on capital formation, and will encourage investors to hold riskier assets than they otherwise would have.

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Unions and Protectionism, Not Free Trade, Doomed the Rust Belt

Bureaucracy and RegulationLabor and WagesProtectionism and Free Trade

Blog10/18/2019

In the second half of the twentieth century, pro-union and anti-trade policies led to a Rust Belt that became uncompetitive, costly, and unable to cope with reality. More protectionism won't save the region now.

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Unsound Money, Unsound Economy

The Fed

Blog09/12/2019

Central bankers like Alan Greenspan seem to think central bankers can be trusted to act with restraint. That's a risky plan, especially given that true and reliable constraints could be put on the money supply by adopting commodity money.

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Using World War I to Prove the Incompetence of State Militaries

StrategyWar and Foreign PolicyWorld History

09/12/2019Audio/Video
Bob Murphy uses examples from Dan Carlin’s amazing podcast, Hardcore History , to illustrate the flaws with state-provided military services.
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US Immigration Enforcement: Guilty Until Proven Innocent

ImmigrationLegal System

Blog07/10/2019

"Here's the problem. If you give government a job to do, even one that seems justified in the abstract, it will use its power to make a terrible mess in practice."

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