Mises Wire

The Federal Government Owns 92 Percent of Student Loans. Why Do Politicians Lie About It?

EducationMoney and BanksTaxes and Spending

Blog04/01/2020

The federal government must accompany any loan forgiveness with a repeal of all programs for subsidizing and guaranteeing loans. Anything less would be a formula for socializing higher education.

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Bernie's Socialism vs. Trump's Socialism

Blog03/14/2020

If he were honest, rather than declaring that "America will never be a socialist country," Trump would simply say, "my socialism is better than Bernie's socialism."

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Joe Biden: Father of the Drug War's Asset Forfeiture Program

Blog03/06/2020

In 1983, Joe Biden sponsored legislation that gave federal agents nearly unlimited powers to seize assets from private citizens.

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Don't Forget About the Trade War

Global EconomyProtectionism and Free Trade

Blog02/27/2020

Trump clearly views trade in a zero-sum, mercantilist manner, with the country possessing a deficit “losing” and “down.” But continuing the trade war only makes recession more likely for both sides. Luckily China is stalling on committing to a trade agreement.

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Coerced Confessions: How the Plea Bargain Replaced Physical Torture

Legal SystemThe Police State

Blog02/15/2020

When the government created public police forces one hundred years ago, they often relied on torture to extract confessions. But now they have new methods: threatening to pile on new charges until the defendant takes a plea agreement.

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The State Owns You: The Problem with "National Service"

War and Foreign Policy

Blog02/01/2020

All arguments in favor of mandatory service rest on the idea that an individual's life belongs not to him- or herself, but to the state.

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Henry Ford Did More for Workers than Unions Did

Labor and Wages

Blog01/06/2020

Henry Ford's factories had a hard time keeping workers because the work was monotonous. So Ford helped keep workers around through reduced hours, vacation time, and other benefits that are now considered typical.

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Bernie Sanders Wants to Kill Pro Baseball

Corporate WelfareMedia and CultureU.S. History

Blog01/02/2020

Major league baseball wants to cut back the minors in order to cut losses. But Bernie Sanders has other plans that may ultimately help kill pro baseball.

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