Mises Wire

Keynes: A Master of Confused and Confusing Prose

World HistoryHistory of the Austrian School of EconomicsOther Schools of Thought

Blog09/13/2017
A careful reading of Keynes's 'General Theory' suggests its unintelligible prose may be an effort to appear erudite while saying little of value.

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Why Is the Euro Still Gaining Against the Dollar?

Money and BanksMoney and Banking

09/12/2017FedWatch
The ECB has been trying to weaken the Euro. The relative weakness of the US dollar, however, continues to make the Euro look good by comparison.

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Is Forced Military Service Good for the Economy?

Taxes and SpendingWar and Foreign PolicySubjectivismValue and Exchange

Blog09/12/2017
The latest argument in favor of conscription is that it's good for the economy. But, it's all just another central-planning scheme.

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How Much Policing Do We Really Need?

Monopoly and Competition

Blog09/11/2017
Since police do not have to satisfy consumer preferences to stay in business, we should not be surprised that they treat us like subordinates.

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Maine Is Nullifying Federal Regulations that Cripple Local Farmers

Bureaucracy and RegulationDecentralization and SecessionThe Entrepreneur

Blog09/11/2017
Getting out from under Federal regulations can mean the difference between keeping the family farm, and having to sell out.

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What If Every Person Paid an Equal Share of the Military Budget?

Taxes and SpendingWar and Foreign Policy

Blog09/11/2017
If military costs were spread out evenly, a family of four would be paying more than $9,000 per year.

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What We Lost on September 11th

The Police StateU.S. HistoryWar and Foreign PolicyInterventionism

Blog09/11/2017
What should have been a profoundly embarrassing and soul-searching moment for the US national security state became an exercise in chest thumping.

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Ludwig von Mises and the Real Meaning of Liberalism

Austrian Economics OverviewHistory of the Austrian School of EconomicsPolitical Theory

Blog09/11/2017
Ludwig von Mises's book on liberalism is as important now as when he originally wrote it nine decades ago.

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Why Police Cannot (and Will Not) Protect Our Rights

Bureaucracy and RegulationMonopoly and Competition

Blog09/11/2017
Police officers today see the rights of due process not as rights that police need to protect, but rather as barriers to “good police work.”

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