Mises Wire

Why the "Economy Is an Engine" Metaphor is So Wrong

Booms and BustsThe Entrepreneur

Blog09/06/2018

The economy is not an engine, or a tool, and does not perform any “work.” The economy is you and me.

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In Eastern Europe and Russia, Reminders of Communist Horrors Are Everywhere

SocialismWorld History

Blog09/06/2018

If a century of bloodshed, murder, vast prison systems, and starvation won’t convince the advocates of communism among American millennials, then perhaps nothing will.

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Reparations vs. Property Rights

World History

Blog09/05/2018

When opposing modern schemes for "reparations," libertarians are taking a moral position defending property rights — they're not just deferring to the status quo.

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Controlling Missouri, Part 5: Bloody Hill

U.S. HistoryWar and Foreign Policy

09/05/2018Audio/Video
Confederate and Union forces fight on Bloody Hill, and the Battle of Wilson’s Creek comes to an end.
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Federal Employees Have Higher Pay, More Job Security Than Private Sector

Big GovernmentBureaucracy and RegulationLabor and Wages

Blog09/05/2018

The incredible wealth of the DC region is yet another reason for shrinking the size and scope of the federal government.

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Capitalism, Happiness, and Beauty

Free MarketsMedia and CultureOther Schools of Thought

09/04/2018Mises Daily Articles
What characterizes capitalism is not the bad taste of the crowds, but the fact that these crowds, made prosperous by capitalism, became "consumers" of literature — of course, of trashy literature.
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Why Fiscal Stimulus Doesn't Create Real Economic Growth

Money and BanksMoney and Banking

Blog09/04/2018

Since the government is not a wealth generating entity, how can an increase in government outlays revive the economy?

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