Mises Media

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Javier Milei Understands the Road to Serfdom

AntipoliticsHayekLibertarianismSocialism

1 hour agoMises Media
Javier Milei is trying to undo the damage created by nearly a century of socialism in Argentina. Mises, Rothbard, and Hayek were good teachers.
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Does the Balance of Payments Determine Exchange Rates?

Central BanksEconomic PolicyFinancial MarketsMonetary Policy

1 hour agoMises Media
Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others.
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The "New" South Africa Is Now a Newly-Failed State: Don't Look for Things to Improve

Bureaucracy and RegulationPoliticsSocialismWar and Foreign Policy

1 hour agoMises Media
While South Africa’s political authorities pursue genocide accusations against other countries, those same leaders are destroying the nation’s economy and basic infrastructure. This is a failed state.
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After Trump, Then What?

Cronyism and CorporatismPoliticsSocialismU.S. History

1 hour agoMises Media
There will be life after Trump one way or another, but in the long run, it seems as though the ruling party always wins.
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How Governor Whitmer Doomed Detroit Autoworkers

Bureaucracy and RegulationCorporate WelfareCronyism and CorporatismUnemployment

1 hour agoMises Media
In 2022, Michigan Gov. Gretchen Whitmer used political favors and government grants to maneuver thousands of workers into jobs producing electric trucks. But consumers aren’t interested.
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The Double-Edged Sword of School Choice

Big GovernmentBureaucracy and RegulationEducationTaxes and Spending

1 hour agoMises Media
School choice would seem to have benefits, but as Thomas Sowell says: “There are no solutions. There are only trade-offs.” Enthusiastic “school choice” proponents forget that with government money comes government control.
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What Can We Learn from the Latest Pentagon Audit? Both Plenty and Not Much

Big GovernmentCorporate WelfareCronyism and CorporatismWar and Foreign Policy

1 hour agoMises Media
Another Pentagon audit, another massive failure. But the Pentagon's problems are not just simple accounting. They reflect the reality of an unaccountable rogue empire that tries to prop up the US empire.
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Is Taiwan a De Facto Sovereign Nation or a Province of the PRC?

DemocracySocialismWar and Foreign Policy

1 hour agoMises Media
The “One-China” policy assumes Taiwan to be a runaway province. The people of Taiwan, however, see their country as sovereign, and their reasons have merit.
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Anti-Wild Cards

The FedFinancial MarketsU.S. Economy

02/24/2024Mises Media
What will the next wild card be? Mark looks back at some historical examples.
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Does Libertarianism Require Support for Open Borders?

Decentralization and SecessionFree MarketsImmigrationLibertarianismProperty Rights

02/23/2024Mises Media
Dave Smith makes the Rothbardian/Hoppean case for government restriction on immigration, arguing that it's a second-best solution given the undeniable fact of government control of "public" property.
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