Mises Wire

Researchers have suggested for years that "pathogen prevalence" can be used to predict the public's embrace of despotism.

In spite of its relentless public relations efforts claiming the opposite, the Fed remains a leading reason for the impoverishment of working-class and middle-class families. 

[Originally published November 2013]

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In recent decades, Chile set itself apart from the rest of Latin America with successful market reforms and a stable political system. Average Chileans prospered. But now that's all at risk. 

The problem with Biden’s Protecting the Right to Organize (PRO) Act is that it would help unions at the expense of the vast majority of American workers.

Government bureaucrats have their own standards for declaring when a pandemic has "officially" ended. But the de facto ending comes when the public stops paying attention. 

The trouble with China’s new five-year plan is that it attempts to solve problems while leaving their underlying structural causes unaddressed. In this it is not unlike the final Soviet five-year plans of the 1980s.

The slogan "taxation without representation" implies that taxation with representation is both possible and moral. But the idea of political representation is fraught with errors.

In a classic "bootleggers and baptists" scenario, it looks like pharmaceutical companies are calling for greater regulation of kratom, which is viewed a potential competitor to patented drugs.