Mises Wire

Jeff Sessions's Drug-War Fanaticism Shows a Growing Gap Between DC and the States

Decentralization and SecessionLegal SystemU.S. History

As states increasingly resist federal mandates on guns, drugs, and immigration, Jeff Sessions in DC has announced it's full speed ahead.
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Jim Grant Explains the Gold Standard

Money and BanksU.S. HistoryMoney and Banking

Jim Grant: Our current monetary system "is the financial counterpart to the philosophy of statism."
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Jeff Sessions's Drug War May End What's Left of States' Rights

Legal SystemU.S. HistoryPolitical Theory


The Drug War has become a linchpin in the fight against continued federal centralization of power. Jeff Sessions is on the wrong side of the fight.

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Job Growth Doesn’t Mean We’re Getting Richer

Taxes and SpendingU.S. HistoryPrices

03/25/2016Mises Wire
In an unhampered economy, we would measure economic progress by a need for fewer work hours and fewer jobs. In our mixed economy, it's impossible to say whether more jobs reflect an improving or a worsening economy.
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Japan Gets Ready for More Military Spending

Taxes and SpendingU.S. EconomyWar and Foreign Policy

08/07/2015Mises Wire
The Japanese government has been working to increase both military spending and the military’s role beyond Japan’s borders. This has little to do with Japan asserting independence from Washington, and is more about a cash-strapped US wanting more money from Japanese taxpayers.
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