Mises Wire

Was Japanese Colonialism the Engine of Later Prosperity for Korea and Taiwan? Probably Not

CapitalismThe EntrepreneurWorld History

Blog05/08/2023

While Japan made some technological transfers to these places, prosperity came to them later, with the advent of free-market economies.

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Argentina Sleepwalks into Hyperinflation (Yet Again)

Central BanksInflationWorld History

Blog05/06/2023

A century ago, Argentina was one of the world's wealthiest nations and the Argentine peso rivaled the dollar. Today, Argentina is famous for periodic hyperinflation.

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A Credit Crunch Is Inevitable

Money and Banks

Blog05/06/2023

The combination of higher rates and declining optimism about the economy, plus slumps in equity, private investments, and bond valuations, is going to inevitably lead to a massive crunch in access to credit and financing.

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Washington Has No Moral Authority to Ban Guns

Big GovernmentThe Police StateWar and Foreign Policy

Blog05/05/2023

Another mass shooting, another call for gun control. However, when it comes to mass killings, Washington sets the sorry example.

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Is Social Justice Just? A Review

Media and CulturePhilosophy and MethodologySubjectivismValue and Exchange

Blog05/05/2023

Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end?

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Shedding Light on the Law of Unintended Consequences

Bureaucracy and RegulationU.S. EconomyInterventionism

Blog05/05/2023

It is the right of the consumer, not the regime, to determine what lighting sources work best for them.

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Will a New BRICS Currency Change Anything? Maybe

Central BanksGlobal EconomyMonetary PolicyWar and Foreign Policy

Blog05/04/2023

As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge.

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The Dominion Lawsuit against Fox News Is Part of the War against Free Speech

U.S. History

Blog05/04/2023

Taxpayer-funded company Dominion is suing private parties for saying things the company doesn't like. These lawsuits illustrate how defamation laws can be used to destroy free speech.

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