Mises Wire

Student's Favorite Moments from Tuesday at Mises U


Students share their experiences at Mises University.

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Shrinkflation and Skimpflation Are Eating Our Lunch

Economic PolicyInflationWorld History


Government statistics on inflation in the food sector have failed to account for skimpflation and shrinkflation.

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Social Justice and the Free-Rider Problem

Corporate WelfareCronyism and CorporatismTaxes and Spending


The political passion for "social justice" is creating a larger free-rider problem and a problem of injustice.

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States Can Curb Federal Power through "Soft Secession"

Decentralization and SecessionSecessionStrategyU.S. History


The use of interstate compacts by US states shows that the states don't need the federal government to dictate or manage interstate relations. 

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Sound Money Is Required for Real Budget Discipline

Big GovernmentThe FedInflationMoney and BanksPolitics


The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal. Without sound money, however, the borrowing and spending regime will collapse sooner or later.

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Socialists Should Support Government Default: Their Forebears Certainly Did

Economic PolicySocialismTaxes and SpendingU.S. Economy


Socialists like Bernie Sanders and the editors of Jacobin have decried the possible US government debt default. Marx and Lenin would have vociferously disagreed.

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Secession Means More Choices, More Freedom, Less Monopoly Power

Decentralization and Secession


Once states can extend their monopolies over vast expanses of land and cultural regions, states are more easily able to increase their taxation and regulatory power without danger of losing significant amounts of tax revenue due to migration.

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Smarter Talk Is Smarter Action

Economic FreedomLibertarianismStrategy


Leonard Read asked how we preserve liberty in a culture that doesn't appreciate it. Liberty cannot come through force and organization. It comes from within oneself.

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