Mises Wire

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Without Sound Economics, the Progressives Win

Blog06/08/2021Ludwig von Mises

Many subscribe to the mistaken belief that the facts speak for themselves, that experience and common sense by themselves can explode false interpretations. The march of Progressivism has proven this fanciful idea wrong.

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"Supply Bottlenecks" as an Excuse for Inflation

Money and Banks

Blog06/08/2021Daniel Lacalle

First, money is aggressively printed with the excuse that “there is no inflation.” When inflation rises, central banks and governments tell us that it is “transitory” or due to “multicausal” effects.

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Guatemala: The Human Rights Nightmare That Is the US Drug War

World History

Blog06/08/2021James Bovard

Biden's plan to give more money to Central American regimes will do nothing to compensate farmers, businessmen, and others still victimized by the US war on drugs.

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What They Must Learn Now

Blog06/07/2021Jeff Deist

Mises University offers students a radical alternative: a week where civilization and truth reassert themselves. In addition to Austrian economics, they receive a grounding in the foundations of a free society, from property and markets to social cooperation to peace.

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How Defamation Suits Are Used to Stifle Free Speech

U.S. History

Blog06/07/2021Ryan McMaken

There is no place in a free society for a government that sues private citizens for defamation. But even between private parties, defamation suits are often used by the powerful to silence others.

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Why "Wild Swings" in Crypto Prices Are Not Really a Problem

U.S. History

Blog06/07/2021Doug French

Price "stability" has never been a feature of a free marketplace. Stability is an obsession of central banks, and the day may come when central bankers intervene to "stabilize" crypto prices. That will be a bad thing.

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Why Corporate Lobbyists and Special Interest Groups Won't Go Away

U.S. History

Blog06/06/2021Ryan McMaken

Today, the political system really is in many ways what H.L. Mencken suggested when he described elections as a sort of "advance auction of stolen goods." The only answer lies in reducing the number of stolen goods available.

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The Origins of Keynesian Economics: How Did It Get So Popular?

World History

Blog06/05/2021Robert Blumen

Keynes's early critics repeatedly demolished Keynes's theories, pointing out countless fallacies behind the so-called "new economics." Yet Keynes and his theories only gained in popularity. Why?