Mises Wire

The Covid Depression and "Food Insecurity"

U.S. Economy


Despite the welfare state, hunger is no longer a widespread problem in America. But to keep the narrative going, “hunger” officially became “food insecurity.”

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The Yellen-Akerlof Connection Isn't Good News for the Treasury

Money and Banks


Phishing for Phools provides confusion, and few benefits that go beyond age-old warnings to “be careful, someone might try to take advantage of you.” Many consumer advocates offer far more practical help.

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There Ain't No Success like Failure

Cronyism and CorporatismDemocracyStrategy


Do we support the “occupation” of the Senate Chamber as an expression of righteous anger over the feeling that the election was stolen? Not really, because it will not achieve anything.

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The Problems with Marx's Dialectic

Philosophy and MethodologyPolitical Theory


The Marxist dialectic was purported to explain every development in Soviet society. But so much wishful thinking was required that eventually it all just became a subject for jokes.

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The Betrayal of the Canadian Liberals

World History


The Canadian Liberal Party began as a party of classical liberalism, radically supportive of freedom and free markets. But those days are long over.

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The Cult of Smart

Book ReviewsEducation


The government spends vast amounts of money on educational programs that aim to give “equal opportunity” to those deemed disadvantaged, but there is little or no evidence that these programs achieve anything.

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The Great Reset, Part III: Capitalism with Chinese Characteristics

SocialismPolitical Theory


China is the model for the economic and political system being promoted in the West, and the Great Reset is the most forthright articulation of that system—although its articulation is anything but perfectly forthright.

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The ECB’s Latest Big Mistake

Money and Banking


The worst excuse of all is that “there is no inflation.” It’s like driving a car at 300 miles an hour on the highway, looking in the rearview mirror and saying, “we haven’t killed ourselves yet, accelerate.”

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