Mises Wire

What Will It Take for Cryptocurrencies to Become Full-Fledged Money?

Money and Banks

Blog07/31/2023

The potential for denationalized money is real and important. But progress still must be made before cryptocurrencies can become true substitutes for fiat currencies. 

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What Marxists Say about "Market Socialism"

Economic FreedomEconomic PolicyHayekSocialismCalculation and KnowledgePhilosophy and Methodology

Blog07/28/2023

Following the collapse of the USSR, many socialists pinned their hopes upon the development of a "market socialism" that would be economically efficient and create equality. Marxist philosopher G.A. Cohen wisely dissented.

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Why Employers and Families—Not Bureaucrats—Should Be In Charge of Immigration Policy

Bureaucracy and RegulationLabor and WagesPoverty

Blog07/25/2023

An immigration system based on sponsorship, bonding, and a reduction in the use of public resources would allow the private sector to play a bigger role in which immigrants come here, and which ones stay.

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What Has Mises U Students Most Excited about the Week?

Blog07/24/2023

Mises U students share what they most look forward to during the "best week of the year."

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Why Government Pollution Control Fails

Economic PolicyThe Environment

Blog07/22/2023

Mainstream economists are quick to claim that environmental problems are caused by "market failure" that can be "fixed" by government intervention. However, the intervention itself is the problem.

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Why "Classical" Liberals Want Decentralization

Decentralization and Secession

Blog07/22/2023

"In all matters of government the State tolerates no intermediate agent between itself and the people, and in general business it directs the people by its own immediate influence." 

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Want to Follow Your Dreams? The First Step Involves Hard Work

PlanningStrategy

Blog07/21/2023

Adults tell young people to follow their dreams, but one cannot follow one's vision without realizing what it takes to get there.

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Wind and Solar Are NOT Cheaper than Coal and Oil

Cronyism and CorporatismEconomic PolicyThe Environment

Blog07/18/2023

President Biden makes the false claim that wind- and solar-generated electricity are cheaper than power generated from coal and oil.

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