Mises Wire

Each economic crisis brought on by loose money brings on a “solution” of...looser money. This pattern is not just a threat to the economy but to our very freedom itself.

The US is not the only country with a broken air traffic control system due to state control. India's system also is in a statist mess. The solution is to get government out of the business of ATC.

As an official Public Policy Hooligan, James Bovard is well-known for some of his zingers. Here are some he wrote in 2025.

The standard explanation for the Constitutional Convention was that the Articles of Confederation were a failure. However, the Articles actually worked the way they were supposed to work. Unfortunately, the advocates of a strong central government ultimately got their way.

The Fed is cutting its discount rate again, but Americans will be disappointed with the results, as the Fed’s latest action only contributes to the boom-and-bust cycle.

Anti-impact environmentalists want you dead; they will settle, in the short term, for you to feel guilty for existing, producing and consuming, and willing to comply with any degree of central planning and freedom curtailment to “save the planet” from you.

"Since we were not able to have a new economic era in reality, we insisted on having it in appearance. So we raised nominal wages and incomes; but we paid them in a fictitious money..."

With American intervention in Venezuela, some are claiming that the Trump administration is simply invoking the Monroe Doctrine, or its corollary, the “Donroe” Doctrine. In reality, neither doctrine is an appropriate reason for US military intervention in Latin America.

Whatever advances Great Britain made during the Margaret Thatcher years have long been reversed as the UK finds itself in decline of its economy and social fabric. Big government, once again, is the culprit.

In his inaugural speech, New York Mayor Zohran Mamdani declared an end to “rugged individualism” and the embrace of “the warmth of collectivism.” New Yorkers are about to find out that collectivism will not produce what they need to have better lives.