Mises Wire

Keynes and the Versailles Treaty's Infamous "Article 231"

Blog04/05/2019

Historians have neglected the role of John Maynard Keynes in writing some of the worst provisions of the Versailles treaty — which sowed the seeds of World War II.

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Alberta's Regional Carbon Tax Is a Recipe for Disaster

The EnvironmentTaxes and Spending

Blog04/05/2019

If Canadian provinces (or US states) implement a regional carbon tax, they shouldn’t fool themselves that they are “doing the right thing.” Households and businesses will suffer from higher energy prices and slower economic growth, with very little to show for it.

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Capitalism (aka Self-Ownership) Is the Only Moral Economic System

Blog04/05/2019

Capitalism isn't just about rich guys owning the means of production. It's about workers and everyday people also owning their own labor and their own bodies.

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Will Democrats Rally Behind a Herman Cain Fed Nomination?

04/04/2019Power & Market

It will be interesting to see how Trump critics handle Mr. Cain. He has the one quality Elizabeth Warren and other Democrats have chosen to focus on when it comes to a Federal Reserve nominee: he isn’t a white guy.

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Why Trump Wants the Fed To Pump Even More Easy Money

Money and BanksMoney and Banking

Blog04/04/2019

Trump doesn't understand the problem with the boom-bust cycle is the boom phase, not the bust.

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Mises Explains Global Inflation and Global Firms

Protectionism and Free TradeMoney and Banking

Mises’s insight into the importance of Cantillon effects can be further extended to explain not only income and wealth inequalities among individuals but also some rather curious developments in global industrial organization over the last few decades.

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Entrepreneurs: Changing the World through Business

The EntrepreneurEntrepreneurship

Blog04/04/2019

We take so many things that make daily life easier for granted. But entrepreneurs are usually behind what often amounts to revolutionary changes.

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Capital is a Mystery to Alexandria Ocasio-Cortez

Capital and Interest Theory

Blog04/04/2019

While Ocasio-Cortez has a degree in economics, she apparently never learned the lessons stressed by Hernando de Soto in his The Mystery of Capital.

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