Mises Wire

Price Stability Is Overrated

Blog08/05/2019

Contrary to popular thinking, we do not need  the central bank to stabilize prices in order to promote economic prosperity. The central bank can neither know the "correct" level at which to stabilize prices, nor can it know the right way to do it.

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Nation and State Are Two Different Things

Political Theory

Blog08/05/2019

On a recent mountain-climbing trip to Russia, it became very clear how nation and state are two very different ideas. Most everyone I encountered was proud of his nation. Few had much good to stay about their states.

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The Misesian Vision

Austrian Economics Overview

08/03/2019Mises Daily Articles
The problem is that the capacity to imagine freedom is being eroded in our society and culture. The less freedom we have, the less people are able to imagine what freedom feels like, and therefore the less they are willing to fight for its restoration.
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The Coming Regime of the ECB: Radical Centrism

Money and BanksMoney and Banking

In Christine Lagarde and Philip Lane, the EU has two new central bankers who will push the limits of what central banks can do.

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Media Focus on Mass Shootings Shows Disconnect from Actual Crime Trends

Legal System

Blog08/03/2019

Most Americans say crime has gotten worse over the past decade. They're wrong. Moreover, the focus on mass shootings appears misplaced when mass-shooting deaths make up less than one percent of all homicide deaths.

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Plastic Bans: Imaginary Benefits, Real Costs

Big GovernmentThe Environment

Blog08/03/2019

Proposals to ban single-use plastics is yet another triumph of symbolism over substance. Unfortunately, while the benefits are largely illusory, the costs are quite real.

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From God or the Sword?

Free MarketsU.S. HistoryWar and Foreign PolicyInterventionism

08/02/2019Mises Daily Articles
Any profitable inquiry into the character of the American State must therefore take into account the distinction between making a living by production and gaining a living by predation; that is, between economics and politics.
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Bias in Philosophy

08/02/2019Power & Market

Powerline reports a survey on bias against philosophers with rightwing views.

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