Mises Wire

Europe Is Slowing Down — And It's Already Painted Into a Corner


With ultra-low interest rates already in place, Europe has nowhere to go when the slowdown intensifies. 

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Economists and the Emergence of Antitrust

Monopoly and Competition

Economists who believe that there was once a "golden age of antitrust" have never produced any evidence of such an age.

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End the Drug War for These Very Practical Reasons

HealthLegal System

Drug addiction is indeed a serious problem. But the war on drugs does not lessen this problem, nor does it address the core issues leading to addiction.

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E-Verify Threatens Us All

Bureaucracy and RegulationLegal System

E-Verify could be used to punish anyone who displeases the government, from immigrants to homeschoolers to gun owners.

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End Space-Station Funding Right Now

Corporate WelfareTaxes and Spending

If government funding of a space program is justified because it has “benefits,” then no argument can be made against government funding of anything.

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Equilibrium, Profit and Loss, and Entrepreneurship

The EntrepreneurEntrepreneurship

Mises stated that general equilibrium is purely a methodological device with no counterpart in the real world. It only defines profit and loss.

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Economics Is Like Birdwatching — You Have to Know What to Look For

Bureaucracy and RegulationCalculation and KnowledgePhilosophy and Methodology

Using economics is akin to birdwat­ching, except for the fact that few untrained birdwatch­ers presume they have enough expertise to “educate” others.

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Economic Value and the Post Office

12/31/2017Power & Market

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El culto letal al colectivismo

Political Theory

Todas las doctrinas colectivistas son heraldos de odio irreconciliable y guerra a muerte.

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