Mises Wire

As the Pentagon Fails Another Audit, Congress Wants to Spend Even More on "Defense"

Taxes and SpendingU.S. EconomyU.S. History

Blog12/06/2022

America's military technocrats (a.k.a. "generals") specialize in losing wars and also losing your money. Naturally, Congress wants to give them even more taxpayer cash.

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An Economist Examines US Foreign Policy and Finds It Wanting

LiberalismProgressivismWar and Foreign Policy

Blog12/02/2022

Economist Christopher Coyne of George Mason University uses economic logic to expose the follies of militaristic US policies overseas.

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As Easy Money Crashes, the Political and Legal Effects Appear

Financial MarketsInflationMedia and Culture

Blog11/29/2022

As inflation ravages the economy, easy money is disappearing, with political and legal consequences to follow.

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A (True) Thanksgiving Tale of Socialism in America and Israel

Free MarketsSocialismU.S. HistoryWorld History

Blog11/24/2022

The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.

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After Years of "Stimulus" Come Surging Debt and Falling Wages

U.S. History

Blog11/22/2022

For all the positive talk, Americans are piling on more debt just as real wages are falling, job losses are mounting, and debt costs are rising. Thanks, Fed! 

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Are Progressive "Experts" Fallible? Yes, But Don't Tell Them That

Progressivism

Blog11/18/2022

Ours is an age of the progressive expert who nearly always is wrong but still is embraced by progressive politicians, the media, and academe.

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American Chip "Independence": Protectionism by Another Name

Cronyism and CorporatismProgressivismProtectionism and Free Trade

Blog11/10/2022

While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.

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Are Robots and AI Really Going to Displace All Workers? Probably Not

CapitalismFree MarketsStrategy

Blog11/05/2022

As fear that robots and artificial intelligence will take over whole lines of work, it is time to examine the real relationship between capital and the rest of us.

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