Mises Wire

Old Wine in Old Bottles? A Nobel for Clever Packaging?

World HistoryOther Schools of ThoughtPhilosophy and Methodology

Blog1 hour ago

This year’s Nobel is particularly illustrative of what gets rewarded in economics, and how this does not exactly conform with more intuitive notions of scientific progress.

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Tall Buildings, Mighty Crashes

Booms and Busts

Blog10/13/2018

Skyscrapers that set world records for height don’t cause economic panics, but are, instead, a warning a boom has reached its peak.

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Government Police Fail to Make Arrests In Nearly Half of Murder Cases

Bureaucracy and Regulation

Blog10/11/2018

Many urban police departments fail to make arrests in even half of the murder cases in their jurisdictions. Imagine if a private sector policing firm had a similar rate of failure.

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Bernie Sanders Might Learn Something from Venezuela's Minimum Wage Experiment

Bureaucracy and RegulationMoney and BanksMoney and Banking

Blog09/24/2018

Rothbard: "if proponents of the higher minimum wage were simply wrongheaded people of good will, they would not stop at $3 or $4 an hour, but indeed would pursue their dimwit logic into the stratosphere."

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Socialism and 'Social' Justice

Philosophy and MethodologyPolitical Theory

09/19/2018The Journal of Libertarian Studies
Hayek was forced to conclude that the term "social justice" was "entirely empty and meaningless” and is generally used to assert a claim without giving a reason for it.
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What You Really Pay for In College: Credentials, not Education

Education

Blog08/29/2018

The United States is overeducated and degrees provide a low social return. Politicians are too dumb to realize it.

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Is the Cause of Freedom Still Making Progress?

World HistoryPolitical Theory

Blog08/27/2018

Gerard Casey paints a promising but realistic picture of what individualists of all stripes are up against.

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Government Counterfeiting — Not Capitalism — Squeezes Family Budgets

Money and BanksPovertyMoney and Banking

Blog08/23/2018

In a world of rampant central bank intervention and endless government regulation, some are still claiming we live in a world of "hypercapitalism."

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