Mises Wire

4 Reasons to Oppose a Universal Basic Income

PovertyTaxes and Spending

Blog1 hour ago

Beyond the usual arguments about incentives and taxes, a Universal Basic Income is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.

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The Last Thing Europe Needs Is to Further Loosen the EU's Fiscal Rules

3 hours agoPower & Market

European central bankers hate the few rules that restrain the eurozone's profligate spenders. But those rules are what keeps a currently dangerous system from spinning totally out of control.

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Why It's Important to Understand "Economic Costs"

Austrian Economics OverviewSubjectivismValue and Exchange

Blog6 hours ago

The concept of economic cost seems to confuse people. It is not the price you pay for a good, but the reason you pay it.

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Beginning the Welfare State: Civil War Veterans’ Pensions

U.S. History

06/19/2019Quarterly Journal of Austrian Economics
What would Murray Rothbard have said in the planned chapter 10 of his nine-chapter manuscript on the Progressive Era? Patrick Newman reveals Rothbard's target: the fourth party system (1896–1932).
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Why the Swiss Voted for More Gun Control

World History

Blog06/19/2019

What is particularly scary is that the whole argument for the new law was not really about saving lives or reducing gun violence, but is really about Brussels ordering Switzerland to modify gun laws to comply with EU gun control standards.

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Why Are Progressives so Bad at Governing?

Taxes and SpendingU.S. History

Blog06/19/2019

From crumbling public transport to rampant homelessness, progressive politicians are terrible at running the government once they are in power.

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Economics is the Most Important Science for the Layman

06/19/2019Power & Market

When it comes to public policy, good outcomes depend on a good grasp of sound economics by the public.

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