Mises Wire

The Street of the Palaces


"Have we not, our privileged orders, aristocrats who control, indirectly, but certainly, the political power of the state? ... If any man doubts how these questions should be answered, let him walk through Wall-street."

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The Bankruptcy Caravan Is Now Arriving: Time to Pay for the Easy Money

Booms and BustsThe FedInflationU.S. EconomyBusiness Cycles


As the Fed increases interest rates to reverse the inflation it has caused, firms that depended on easy money will face the bankruptcy judge. Stay tuned; there's more to come.

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The Boston Brahmins, WASPs, and Nazis: The Pursuit of Eugenics

Media and CultureProgressivismU.S. HistoryWorld History


Modern progressives don't like to refer to their long-held support of eugenics. In fact, American progressives influenced the Nazis, who launched their own murderous eugenics schemes.

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Taxation as a Weapon against Prosperity

Bureaucracy and RegulationEconomic FreedomProgressivismTaxes and Spending


The current regime wants to use taxation not simply as a means to collect revenue for the government, but as a weapon against economic prosperity itself.

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There Is No Moral Right to Strike

Economic FreedomEconomic PolicyLawLabor and Wages


American law protects what is called the "right to strike." However, Leonard Read found no moral code that permits such action.

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The Bud Light Boycott and Clueless Corporate Executives

The EntrepreneurU.S. HistorySubjectivismValue and Exchange


Bud Light executives thought customers wanted the beer to partner with a "transgender" celebrity. Or executives simply didn't care what customers thought. In any case, executives are now paying the price. 

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The Woke Cartel and Twitter's New CEO

Cronyism and CorporatismMedia and CultureProgressivism


With the appointment of Linda Yaccarino as Twitter's new CEO, Elon Musk is trying to appease woke advertisers to bring up his company's revenues. This will not end well.

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Three Lies They're Telling You about the Debt Ceiling

Money and Banks


One: the Republicans want big cuts and austerity. Two: The US has never defaulted before. Three: Default is the end of the world. 

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