On Friday morning, President Trump proclaimed on his Truth Social: “We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” Trump is being hailed as a hero for demanding...

The Fed Leaves Fed Funds Rate at 4.5% as Economic Storm Clouds Gather

05/08/2025 Mises Wire Ryan McMaken

On Wednesday, the Federal reserve’s Federal Open Market Committee left the target federal funds rate unchanged at 4.25-4.5 percent. The FOMC statement on the current policy, released on Wednesday...

Does Wealth Inequality Cause Degradation?

05/08/2025 Mises Wire Owen Ashworth

Gary Stevenson—a man who claims he used to be the best trader in the UK—is starting to gain popularity as a man who comes from a working-class background, has moved in the circles of the elites and...

Some Straight Talk to the Anti-Free Traders

05/08/2025 Power & Market Patrick Barron

Oh, I know, you aren’t really against free trade per se. You just demand a “level playing field.” The Chinese cheat by raising tariffs against our goods and subsidizing key industries that they want...

Gov. Newsom Appeals to the Sunk Cost Fallacy to Promote the Failed Bullet Train

05/08/2025 Mises Wire William L. Anderson

In a recent article on the failed California Bullet Train project, I noted that its promoters are depending heavily upon bureaucratic inertia to keep construction going even after cost overruns have...

Meet the Writer

Carl Watner

Carl Watner is from Baltimore, Maryland.

Who Should Decide What Goes into a Can of Tomatoes? Food Laws from a Voluntaryist Perspective

11/05/2020 Journal of Libertarian Studies Carl Watner

ABSTRACT: This paper recounts the history of food inspection from a voluntaryist perspective. In England and the United States, the efforts to achieve food safety have relied upon two main methods...

Do We Consent to Government by Refusing to Emigrate?

06/08/2019 Mises Wire Carl Watner

[From “’ Oh,Ye Are For Anarchy!’: Consent Theory in the Radical Libertarian Tradition” in the Journal of Libertarian Studies, Winter, 1986.] William Molyneux was an Irish friend and correspondent of...

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