Mises Wire

The Legacy of Legacy Admissions Is Not What the Critics Claim

EducationMedia and Culture

Blog11/17/2023

Critics of college legacy admissions claim that the practice is racist and admits undeserving students. The longer-term results of such admissions show why colleges continue to employ them.

Read More

The Taxman Cometh

LibertarianismOther Schools of ThoughtPhilosophy and Methodology

Blog11/17/2023

Philip Goff wants to solve the why of the universe, but his answers are not always logically coherent, as David Gordon explains.

Read More

The Worse-than-Medieval Economics of Climate Technocrats

The EnvironmentPhilosophy and MethodologyPricesProduction Theory

Blog11/16/2023

Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics.

Read More

The More Complex the Society, The Less Government Control We Need

Big GovernmentEconomic FreedomHayekLiberalism

Blog11/15/2023

Progressives claim that perhaps individual freedom might be appropriate for a simpler society but that as society grows more complex, the need for government grows. As Leonard Read pointed out, however, greater complexity requires greater freedom, not less.

Read More

The Problem with Joe Manchin's Centrism

DemocracyMajority RuleU.S. EconomyU.S. History

Blog11/15/2023

Sen. Joe Manchin says he is retiring because of legislative divisions that keep Congress from finding political “solutions” to the nation’s problems. In truth, Congress is more united than the people they supposedly represent.

Read More

The TSA Is Still Crazy after All These Years

Big GovernmentBureaucracy and RegulationThe Police StateU.S. History

Blog11/14/2023

In the past two decades, the TSA has proven it is ineffective in providing real security for airline passengers. However, its growing incompetence is matched only by its increasing intrusion into travelers' lives.

Read More

The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

Booms and BustsEconomic PolicyMonetary PolicyBusiness Cycles

Blog11/14/2023

While the Fed tries to engineer the mythical “soft landing” for the economy, Austrian economists know that this is an exercise in futility. Once the credit-fueled boom occurs, the bust logically follows.

Read More

Ten Years Ago, I Discovered the Mises Institute. These Are the Things I Wish I Had Done Differently

EducationMedia and CulturePhilosophy

Blog11/13/2023

Ten years ago, I discovered the Mises Institute. This is the advice I wish I could send back to my younger self.

Read More