In a display of unconvincing enthusiasm, NBC reported today that payroll employment “surged” in February . Specifically, total nonfarm payrolls (seasonally adjusted) grew 379,000 month over month, which was above the expected increase of 210,000. That might sound great to some, but a closer look suggests jobs growth is quite a bit more sedate than
Listen to the Audio Mises Wire version of this article. We’ve entered a new era of politics and government in America, and the Left is pretty happy about it. This week, for example, The Guardian announced, “ Biden’s $1.9tn Covid Relief Bill Marks an End to Four Decades of Reaganism .” From this point of view, “Reaganism” is code for extreme
Listen to the Audio Mises Wire version of this article. Like nearly all US states, Georgia imposed a stay-at-home order in March 2020 in response to demands from public health officials claiming a stay-at-home order would lessen total deaths from covid-19. But unlike most states, Georgia ended its stay-at-home order after only five weeks, and
By nearly any standard, the US government’s administration of border control is a disaster. If the goal is to limit border crossings, things are a mess. If the goal is to facilitate more legal immigration, things are a mess. If the goal is simply to give every potential immigrant a timely hearing, that too is a mess. The only scenario in which the
Listen to the Audio Mises Wire version of this article. Twenty twenty was an unpleasant year for so many reasons. It was a year of riots, unemployment, and the trend in overall rising mortality continued unabated. Homicides also increased. In fact, in preliminary homicide data, it looks like homicides increased a lot in 2020 . According to the
Listen to the Audio Mises Wire version of this article. For decades now, advocates for freedom and free markets have disagreed over whether or not political decentralization and local self-governance are important principles in themselves. Most recently, this debate flared up here at mises.org over the issue of state-level preemptions of local
For many months, the governments of the European Union have made it clear they view the distribution and administration of covid-19 vaccines as a public policy priority. Whatever one may think of the vaccines, the fact remains Europe’s regimes think they’re fantastic and want as many jabs in arms taking place as soon as possible. By their own
In February, money supply growth hit yet another all-time high. February’s surge in money-supply growth makes February the eleventh month in a row of remarkably high growth, and came in the wake of unprecedented quantitative easing, central bank asset purchases, and various stimulus packages. During February 2021, year-over-year ( YOY ) growth in
Listen to the Audio Mises Wire version of this article. It has long been a dream of central planners and interventionists to set global, uniform tax rates for all regimes. These globalists know that so long as sovereign states have the ability to freely set their own tax rates, some regimes are tempted to engage in “tax competition” in order
Listen to the Audio Mises Wire version of this article. With the introduction of the Equality Act of 2021 —and its passage in the House—the Democratic Party and its allies continue the now well-established tradition of using “antidiscrimination” and “public accommodation” laws to continue the attack on the private sector and private
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.