College Conference Switching as Secession? A Case Study in “Nations by Consent”
One way to interpret Southern Cal and UCLA's move to switch conferences and join the Big 10 is as a form of peaceful secession.
Mises Wire
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Hotter than the Sun: Finally, a Book Worth Reading
Even though the Cold War ended three decades ago, the threat of nuclear war still hangs over us. Scott Horton reminds us that preventing nuclear war should always be high on our political agenda.
We Need More Inequality, Not Less
Progressives claim that inequality is causing poverty and making people's lives worse. In reality, inequality leads to better economic outcomes overall and pulls more people out of poverty.
Like the Old McCarthyism, the New McCarthyism Targets Russia
In the 1950s, McCarthyism targeted people who were accused of supporting Russia. Today's McCarthyism targets people accused of supporting … Russia. Some things never change.
Consumers, Workers, and Monopolies: Free Markets Serve All
The ruling class is claiming that free markets are nothing more than a "trickle-down" scheme. But a free market system really does serve society best.
Inflation Hits 9.1 Percent after Months of Empty Talk at the Fed
June was the fifteenth month in a row during which price inflation outpaced earnings growth. June's gap is also among the biggest we've seen in decades.
Argentina’s Difficult Political Landscape and Libertarian Prospects for Change
Once wealthy Argentina has suffered under one interventionist regime after another for nearly a century. What are the prospects for changing things for the better?
The Fed Cannot Go Bankrupt; However, It Can Bankrupt the Country
The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.
Money Supply Growth Fell Again in May as More Recession Alarms Ring
During May 2022, year-over-year (YOY) growth in the money supply was at 6.97 percent. That's down from April's rate of 7.25 percent, and down from May 2021's rate of 15.4 percent. The growth rate peaked in February 2021 at 23.12 percent.
Turns Out the Elites Like the Administrative State Better than Democracy
The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.
