Mises Wire

Marx: The Economist's Economist

World HistoryAustrian Economics OverviewOther Schools of Thought

Marx's original thinking amounted to nothing more than equivocal statements, half-baked arguments, and crude claims unsupported by any empirical facts.

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The States Are Revolting Against the War on Drugs

HealthLegal System

Blog05/15/2017
The Vermont state legislature has voted to legalize recreational marijuana use. This is a first, since other states have relied on statewide votes.

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Brexit Has Put EU Politicians in Panic Mode

Global EconomyWorld HistoryPolitical Theory

Blog05/15/2017
The UK is in a much better negotiating position than the EU, and the EU knows it.

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Economists Are Not Plumbers

Blog05/15/2017
The American Economic Review has published Esther Duflo's Richart T. Ely Lecture, "The Economist as Plumber".

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Public-Sector Unions Keep the Gravy Train Flowing to Fire Departments

Taxes and SpendingPolitical Theory

Blog05/15/2017
Fire departments rarely fight fires anymore, but you wouldn't know it the way department salaries are soaring.

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Ditch Net Neutrality Now

U.S. HistoryPolitical Theory

Blog05/14/2017
The scarcity of internet bandwidth cannot be legislated away, and consumers would benefit most from market allocation — not state control.

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Bob Murphy: Where Monetarism Goes Wrong

The FedU.S. EconomyMonetary TheoryOther Schools of Thought

05/12/2017Audio/Video
Jeff Deist and Bob Murphy discuss monetarism, and the differences between the Austrian and Chicago schools.

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Dismantle the FBI, and Give its Money Back to the States

U.S. HistoryPolitical Theory

Blog05/12/2017
The FBI has long claimed that the states are too small and the US needs a huge national police force. There's no evidence that this is true.

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Milton Friedman Debunked — by Econometricians

Money and BanksMoney and Banking

Blog05/12/2017
Despite arbitrarily fudging the data, Friedman was unable to support one of his most central claims — that the demand for money is very stable.

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Is Communist Speech Free Speech?

Blog05/12/2017
Howard Dean thinks un-PC ideas should be legally banned. But if he's looking for a truly deadly ideology, he might want to look elsewhere.

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