Mises Wire

Deutsche Bank's Troubles Raise Worries About the Future of the Euro Zone

Blog1 hour ago

Big banks like Deutsche Bank have the potential to take an entire economy hostage: When they get into trouble, they can drag everything down with them.

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Stop Using Suicides to Push for Bigger Government

HealthTaxes and SpendingU.S. History

Blog06/18/2018

Recent media coverage suggests more government spending and more government control is the only "solution" to rising suicide rates in America.  

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Voting with Our Feet? Local Government "Services" and the Supposed Tiebout Effect

06/18/2018Mises Daily Articles
Because they have guaranteed income through taxes, competition among political jurisdictions is not like competition among private firms.

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Balanced Budget Amendments Are Useless: Limit Taxes, Debt, and Spending Instead

StrategyTaxes and SpendingU.S. Economy

Blog06/18/2018

The Colorado constitution mandates voter approval of tax increases, and controls spending growth. If only we had something similar for the feds.

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"Windfall Profits" Aren't a Problem

The EntrepreneurEntrepreneurship

Blog06/16/2018

Once it is understood that profits and losses evolve from the changing values of consumers, it becomes obvious that abolishing windfall profits or windfall losses is impossible.

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Subjective Value Is not Arbitrary Value

SubjectivismValue and Exchange

Blog06/16/2018

The prices of goods are not set mechanically by some kind of supply-demand curves but by the goal-seeking choices of individuals.

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The EU is Rotting (and Its Banks are Insolvent)

Financial MarketsGlobal EconomyMoney and BanksMoney and Banking

Blog06/16/2018

The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.

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Ryan McMaken: Why Breaking Up is Hard to Do

Decentralization and SecessionStrategy

06/15/2018Audio/Video
Ryan McMaken and Jeff Deist discuss the California ballot measure that would split the Golden State into three distinct parts.

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Four Hundred Years of Dynamic Efficiency

Free MarketsWorld HistoryEntrepreneurshipHistory of the Austrian School of Economics

06/15/2018Mises Daily Articles
Efficiency is not just the avoidance of waste. When entrepreneurs expand the boundaries of what is economically possible, we get "dynamic efficiency," which is essential for progress.

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Three Non-Libertarian Books You Should Be Reading

Legal SystemMedia and CultureWar and Foreign Policy

Blog06/15/2018

These three books can open up a deeper understanding of war, drugs, and human society in general.

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