Mises Wire

If Trump Decides to Start a Nuclear War, No One Can (Legally) Stop Him

War and Foreign Policy

Blog01/08/2020

There's no evidence Trump is more trigger-happy than any other president, but the presidency's unchecked nuclear-launch power will remain a problem both now and with future presidents.

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Two Big Problems with Single-Payer Healthcare

Health

Blog01/08/2020

Single-payer systems do indeed restrict access and quality. They just do it by imposing long wait times, cutting off costlier patients, and restricting access to hospital rooms.

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How Rent Seeking Impoverishes Nations

Corporate WelfareCronyism and CorporatismProtectionism and Free TradeTaxes and Spending

Blog01/08/2020

So long as governments exist, it is essential that we minimize the ability of groups and individuals to use the power of the state to enrich themselves.

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How the US Wages War to Prop up the Dollar

01/08/2020Power & Market

After decades of Cold War spending, the US had to find a way to keep its massive war budgets and domestic spending going without ruining the dollar. Controlling the flow of dollars spent on oil turned out to be a fix.

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Private Property

Free MarketsHistory of the Austrian School of EconomicsPrivate PropertyProduction Theory

01/07/2020Mises Daily Articles
Private ownership of the means of production is the fundamental institution of the market economy. It is the institution the presence of which characterizes the market economy as such. Where it is absent, there is no question of a market economy.
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Oil Prices Surge, but That's Fine for Some US Interest Groups

01/07/2020Power & Market

If oil prices remain at a sustained high due to a war with Iran, it would mean a higher cost of living for most Americans, but it could help certain regions and populations within the US, such as oil-producing states like Texas and Oklahoma.

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Investors, Randomness, and Entrepreneurial Thinking

Financial MarketsMedia and CultureCalculation and Knowledge

Blog01/07/2020

It's possible for investors and entrepreneurs to make a lot of money in markets without understanding the economic theory behind their actions.

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Why Sweden Ended Its Negative Interest Rate Experiment

Financial MarketsMoney and Banks

Blog01/07/2020

Sweden launched its failed negative rate plan almost five years ago and now reverses it due to the financial risks that are created.

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