Mises Wire

Almost all of the climate hysteria is driven by the “luxury beliefs” held by Western elites. Only the wealthiest can afford the effects of climate policy. 

Tariffs are nothing more than taxes, which means that protectionists believe high taxes create prosperity. This is an absurd claim. 

Lying between Taiwan and Mainland China, Kinmen Island would almost surely be the first place Chinese armies would land if they were to invade Taiwan. Kinmen also serves as the tripwire to bring the US into a China-Taiwan conflict.

George Ford Smith reviews Robert Murphy’s book Understanding Money Mechanics. Murphy, he writes, both explains money and why fiat money is such a dangerous thing in the hands of governments bent on grabbing power and abusing citizens.

While Social Security is not exactly a pension system, it has had a negative effect on private pension plans and has discouraged people from engaging in long-term savings. In the end, its negative effects outweigh the positive ones.

As Murray Rothbard noted, reason is a powerful tool to help us discern how to thrive in our world. Government, through propaganda and interference with education, seeks to stifle reason and replace it with obedience to the state.

Recent Iranian missile strikes on Israel in response to its earlier attack on the Iranian consulate in Syria have escalated the prospects of all-out war in the Middle East. There is an alternative to expanding the war: de-escalation.

Calhoun’s 173-year-old treatise is not just a diagnosis of how we got here, but a roadmap for escaping from this tyranny and being rid of the “woke” totalitarians among us.

There has been much hysteria over the rise of artificial intelligence, much of it overblown and downright silly. No, AI is not about to impose tyranny on helpless humanity. Like all other technology, AI is a tool that can be used for good or ill.

Postmodern and Marxist "scholars" claim that private property simply is a social construct that is a product of white racism. Austrians reply that private property comes from natural rights, not vague social decrees.