Mises Wire

Defining and Defending Freedom

The Mises Institute has worked for more than four decades to advance one purpose: the cause of economic freedom in academia and public life. The two comments on our work that I hear most often are: (1) you guys are doing a great job, and (2) it is not working.

On the first point, I can...

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Do We Want Real Tax Cuts? How About Cutting Government Spending?

KeynesTaxes and SpendingCapital and Interest Theory

Blog08/31/2022

Keynesians claim that tax cuts are good because they help increase consumer spending. But here's why this doesn't matter.

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Do Tariffs Create Prosperity? Challenging the Populist Right on Trade

Protectionism and Free TradeU.S. Economy

Blog08/05/2022

Populists on the right (and left) are claiming that American prosperity came about because of high protective tariffs. But political rhetoric can't replace sound economics.

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Despite Our Own Inflation, the Dollar Dominance Takes Down the Yen and Euro

Central BanksInflation

Blog08/04/2022

Even though the Fed has been inflating the US dollar with impunity, neither the yen nor the euro can challenge the USD.

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Divine Monarchy: Exploitative or Beneficial?

Property RightsWorld History

Blog07/29/2022

While divine monarchy might seem illogical or archaic, it had a larger positive economic impact in society that historians have overlooked.

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Do Price Increases or Money Supply Increases Misallocate Resources?

Booms and BustsInflation

Blog07/25/2022

As prices rise, many people—including economists, who should know better—claim that price increases are inflation. They are not.

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Don't Let Them Claim Uvalde's Police Failure Was Just a Local Problem

U.S. History

Blog07/21/2022

Nearly four hundred local, state, and federal police were involved in the law enforcement debacle at Uvalde. Ninety-one state troopers did nothing. This isn't just local. 

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Do Free Markets Create a Wasteful "Landfill Economy"? Definitely Not

CapitalismFree Markets

Blog07/20/2022

Critics claim the market economy engages in "planned obsolescence" that encourages throwing good products into landfills. In fact, activities that might seem wasteful are the best use of resources.

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