Mises Institute

The Benefits of Contested Elections

Blog9 hours ago

A contested election would help remind us that elections do not demonstrate "the will of the people" and that national unity is founded on some very fragile myths. 


The Fed's Balance Sheet May Be Headed to $40–$50 Trillion

Blog11 hours ago

If the current thinking continues, the world’s central banks will buy whatever paper governments issue. The result by the end of the decade will be a Federal Reserve balance sheet totaling $40 to $50 trillion. 

Here's Yet Another Way Rawls Was Wrong About Equality


Rawls claims equality is the default position and any departure from it requires justification. This is a trick that slants the debate in Rawls's favor. Anthony Flew didn't fall for it. 

Another Pointless Antitrust Campaign by Federal Regulators


The feds claim the chicken industry is trying to exploit the consumer. Yet several decades ago, chicken was more expensive than beef, but thanks to industry efforts, chicken is exceptionally affordable now.

Can Incumbent Trump Win with an Anti-establishment Message?

10/30/2020Power & Market

Trump's anti-establishment rhetoric has made him seem for many the antipolitician candidate, even if he has ultimately ...

Understanding the Proper Meaning of "Equality"


Private property is not a privilege merely of the property owner, but a social institution for the good and benefit of all, even though it may at the same time be especially agreeable and advantageous to some.

Populism Worked for the Pro-Freedom Party in the Past. Can It Work Again?


Is it still possible to "rouse the masses of people against the elites that are looting them" in effective numbers? As late as 1992, Rothbard thought so. And he had historical examples on his side. 

President Pence and VP Harris? It Could Happen.


Here's one scenario the markets perhaps have yet to consider. Thanks to the Twentieth Amendment, it's possible to end up with Pence winning the White House and Harris becoming VP. 

A Collection of Bovardian Epigrams

10/29/2020Power & Market

Wisdom from James Bovard on the train wreck that is American democracy. 



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