Mises Wire

The EU Is "the Embodiment of Bureaucratic Hubris"

Global Economy

The EU retreated from the ideas of free trade, free markets, and competition and turned its attention, resources and intentions towards developing a bureaucratic, regulatory, planning economy approach.

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The Subsistence Fund Is the Heart of Economic Growth

Money and BanksMoney and Banking

Blog05/11/2019

The "subsistence fund" — created by real savings — is the foundation of true economic growth. But it can be eroded and destroyed by creating money "out of thin air."

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Canada's Export Guarantee Program: More Risk for the Taxpayer

05/11/2019Power & Market

Worried about the risks your business faces in an uncertain world? Well, don't worry: this government agency can just force the taxpayers to subsidize you until the risks melt away.

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Guardians of the Warfare State

U.S. HistoryWar and Foreign PolicyPolitical Theory

05/10/2019Mises Daily Articles
The Secretary of Defense acts as an indispensable liaison between parties, business, and the state. The job is guarded by a special class of loyalists, usually extremely bright individuals chosen by the state's elites.
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With New Tariffs, Trump Hikes Taxes on American Small Business Owners — Again

Blog05/10/2019

Tariffs are just a tax increase on business owners who must now lay off workers or take pay cuts to deal with a government-imposed rise in the cost of doing business.

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US Will Increase Pressure on Hong Kong In An Attempt to Cripple China's Growing Tech Influence

Global Economy

Blog05/10/2019

Huawei’s 5G global ambitions, coupled with the global trade effort known as the "Belt and Road Initiative" means the US government is motivated to undermine Hong Kong's monetary stability.

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How College Profs Push Students to Socialism

EducationPhilosophy and Methodology

Blog05/10/2019

The true aim of these “scholar activists,” as many academics have begun calling themselves, is to propagate socialism by redefining capitalism to encompass every evil of human history. Which means they're mostly attacking straw men.

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