Mises Wire

Why Profit Is So Important

EntrepreneurshipValue and Exchange

Blog12/27/2017
Profit has nothing to do with exploitation. It is about the most efficient use of real funding or real savings.

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The Election of 1856: A Victorious Defeat

U.S. History

12/27/2017Audio/Video
Chris Calton deconstructs the the Presidential election of 1856.

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Private Sponsorship of Immigrants Is a Viable Alternative

Bureaucracy and RegulationLabor and WagesPoverty

Blog12/27/2017
Private sponsorship regimes sidestep the public welfare issue by attaching liability to specific people rather than the state as a whole.

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Mercantilism as the Economic Side of Absolutism

World HistoryInterventionismOther Schools of Thought

12/26/2017Mises Daily Articles
Mercantilism was of necessity a system of state-building, of big government, of high taxes, and the aggrandizing of the nation-state.

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Christmas Tree Protectionism

Protectionism and Free Trade

Blog12/26/2017
Breitbart News wants us to panic because many consumers prefer imported Christmas trees. But why shouldn't the consumers be allowed their freedom?

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The Yield Curve Accordion Theory

Money and BanksMoney and Banking

Blog12/26/2017
The Fed dictates to markets at least as much as it reacts to markets.

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Is Holiday Gift-Giving Just A Big Waste?

Blog12/25/2017

Do gifts destroy value? Is holiday gift-giving just a big waste?

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Mises Explains The Santa Claus Principle

Taxes and SpendingInterventionism

Blog12/25/2017
An essential point in the social philosophy of interventionism is the existence of an inexhaustible fund which can be squeezed forever.

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What Happened to Protest Art?

Media and Culture

Politically-charged pop culture has become both safe and bland.

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The Restoration and the Navigation Acts

Free MarketsU.S. HistoryInterventionism

12/23/2017Mises Daily Articles
One of the most far-reaching actions of the Restoration was a series of Navigation Acts, by which England imposed mercantilist restrictions on its empire.

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