Mises Wire

Werner’s experiment is dubious at best. He strawmaned the alternative theories and set up the experiment in such a way that only his preferred theory would be confirmed.

The media is spinning President Trump‘s “trade deals” as a “victory” for the White House. Yet, when we break down these “deals” into their particulars, we find that American producers and consumers will be worse off than before.

After the tragic 1995 Oklahoma City bombing, the FBI rolled out the usual “lone nut” narrative about who did it. However, much evidence exists to show that FBI informants and agents embedded with white supremacy groups may well have been involved.

DOGE has failed in its stated mission. Trump is no fiscal hawk. The Republican leadership in Congress—with Trump’s encouragement—will keep spending at record-breaking levels.

From seminary classrooms to Supreme Courts, a network redefined justice, democracy, and freedom in the name of social control. Many goals of the Foro de São Paulo, launched in 1990 by Luiz Inácio Lula da Silva and Fidel Castro, sadly, are being realized.

The disheartening and frustrating fact is that Russia is in a much stronger negotiating position now than they were earlier in the war, when Western officials convinced Ukraine to walk away from peace talks and fight.

Following World War II, President Truman helped produce the modern national security state by creating the Central Intelligence Agency. Only later did Truman regret what he did, as the CIA turned into a monster that could never be tamed.

The classical liberals—especially those of the more radical variety such as Molinari, Bastiat, etc.—saw the state as a far greater threat to freedom than any other organization.

How do we define liberty? Hayek saw it as the absence of most (but not all) coercion, but that depends upon how one defines “coercion.” Murray Rothbard believed that Hayek was too willing to accept forms of coercion that were anti-freedom.

Mainstream economists claim that they can use econometric models to emulate human action and, thus, create an economic laboratory. These models, however, cannot tell us about cause-and-effect, which is vital to understanding praxeology and economic behavior.