Mises Wire

The May-June Issue of The Austrian Is Now Online

War and Foreign Policy

Blog06/08/2017
Now in mailboxes, the May-June issue of The Austrian is also now online.

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Natural-Law Libertarianism and the Pursuit of Justice

Legal SystemPhilosophy and MethodologyPolitical Theory

Blog06/07/2017
Before endorsing a legal system, libertarians must first figure out what justice is. The natural-law framework is one way of figuring this out.

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Civil Asset Forfeiture: Another Stealth Tax

Legal SystemTaxes and SpendingPolitical Theory

Blog06/07/2017
Local governments could go to the taxpayers and ask for more revenue to fight crime. But, it's much easier to seize it from innocent suspects instead.

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The Fed's Dangerous View of History

The FedMonetary TheoryMoney and Banking

Blog06/07/2017
Economics has shown the alleged blessings of an abundance of money are the outcome of crass errors in reasoning.

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Are Highly Paid People Just Lucky?

Calculation and Knowledge

Blog06/06/2017
If a person makes a lot of money through "luck" perhaps the most philosophically rigorous answer is simply this: "so what?"

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Will the Crazy Global Debt Bubble Ever End?

Blog06/06/2017
If the debt burden is large enough, at some point, even a 0.1% interest rate becomes unaffordable.

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Ludwig von Mises Understood "Meme Magic"

Media and Culture

Blog06/06/2017
Recent history shows that both force and money are impotent against memes.

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Las Vegas: An Austrian View of Land Prices

The EntrepreneurValue and Exchange

Blog06/05/2017
Is buying land a good idea? It's a lot more complicated than simply declaring "buy land, they aren't making it anymore."

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More Solar Jobs Is a Curse, Not a Blessing

The EnvironmentFree MarketsU.S. Economy

Blog06/05/2017
Wind and solar are simply a bad deal for consumers, workers and the environment. Another example of government policy having nothing to do with reality.

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Trump’s Budget: Radical Change or More of the Same?

U.S. Economy

Blog06/05/2017
Trump’s budget does eliminate some unnecessary and unconstitutional programs, but it largely leaves the welfare-warfare state intact.

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