Mises Wire

Who Really Owns Big Digital Tech?

Big GovernmentBureaucracy and RegulationCronyism and CorporatismU.S. Economy

Blog11 hours ago

Is Big Tech a government creation—as the American Conservative recently claimed—or is it the result of entrepreneurs employing a mechanism created for noncommercial uses? It is both, writes Michael Rectenwald.

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Who Pays Wealth Tax: The Rich or the Poor?

CapitalismLabor and WagesTaxes and Spending

Blog11/30/2022

Spain's government is attempting to levy a wealth tax ostensibly to be "in solidarity with the poor." Because wealth taxes ultimately help lower real wages, there will be more poor people to share in the "solidarity."

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Want to Protect Children? Don't Embrace "Safetyism"

Big GovernmentProgressivismThe Police State

Blog11/30/2022

No one seems to support "safetyism," or "helicopter parenting," yet Americans seem obsessed with keeping their children "safe" at all costs. It is not good for children—or their parents.

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Will Global Rate Hikes Set Off a Global Debt Bomb?

Central BanksFinancial MarketsMoney and Banking

Blog11/21/2022

All of the excess of unproductive debt issued during the period of complacency will exacerbate the problem in 2023 and 2024.

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Why Did Trussonomics Fail So Quickly?

Big GovernmentEconomic Policy

Blog11/21/2022

Liz Truss sought to be another Margaret Thatcher, but her ballyhooed budget numbers did not add up.

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Why Cambridge Philosopher Raymond Geuss Hates Free Markets and Individualism

DemocracyLiberalismSocialism

Blog11/18/2022

Geuss claims to be a liberal against liberalism. Given that he has praised Lenin and Mao, that part about being against liberalism is certainly true. 

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Without Easy Money, the Tech Sector Faces Layoffs and Losses

U.S. History

Blog11/17/2022

Cheap money in the last decade has meant good times for companies that barely make money and hire employees who barely work. But those times are now ending. 

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World War I: The Great War Was also the Great Enabler of Progressive Governance

The FedU.S. HistoryWar and Foreign PolicyWorld History

Blog11/16/2022

Historians praise the US entry into World War I because it enabled an Allied victory. But it also led to the economic disasters of the 1920s and ’30s.

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