Mises Wire

In the US, Rich States Spend Less on Welfare

Taxes and Spending

Blog05/14/2019

The key to a high quality of life is a free economy devoted to trade and entrepreneurship. Contrary to what we're told about Europe's welfare states, more government social spending doesn't cause economic prosperity.

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The Problem with Aggregate "Calculations" of the Value of Immigration

ImmigrationCalculation and Knowledge

Blog05/14/2019

It's impossible to calculate the cost and benefit immigration without considering psychic profit and loss. And the government definitely is in no position to make any calculations at all.

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Per Bylund on Subjective Value

The EntrepreneurEntrepreneurship

05/14/2019Audio/Video
If you truly understand subjective value, you’ll be a great entrepreneur. Hunter Hastings interviews Per Bylund.
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Social Security's Winners and Losers

Taxes and Spending

Blog05/14/2019

If Social Security was efficient, equitable, reliable and sustainable, defending the status quo might be sensible. But it is none of those things.

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The Case Against the Market Economy

Free MarketsInterventionismOther Schools of Thought

05/13/2019Mises Daily Articles
The objections raised against the market economy are based on very bad economics.
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A Study in Willful Blindness

05/13/2019Power & Market

Anthony Flood has written a valuable study of the surprising failure of the Communist historian Herbert Aptheker to cite C.L.R. James's Black Jacobins, despite its clear relevance to his work.

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The Social Security Black Hole Has Arrived

Taxes and Spending

Blog05/13/2019

Despite spending nearly $2 trillion, or 45% of the federal budget, every year on Social Security and Medicare, the feds are headed toward insolvency, and there is no relief in sight.

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