Mises Wire

America Is a Technocracy, Not a Democracy

Big GovernmentBureaucracy and Regulation

Blog05/01/2020

The people who really run the country are unelected "experts" and bureaucrats at the central banks, at public health agencies, spy agencies, and an expanding network of boards and commissions.

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A Protest from France

Big GovernmentDecentralization and SecessionFree Markets

Blog04/30/2020

The lockdowns of the past month have not been conducive to the common good. While they have saved the lives of many people, they have also endangered—and are still endangering—the lives and livelihoods of many others. They have created a new and dangerous political precedent.

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Anthony Fauci: When Politics Trumps Science

Blog04/22/2020

When it comes to diseases, Anthony Fauci has a well established pattern of skipping the science phase, and going directly to press conferences and political posturing.

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Anthony Fauci, the "Learned Ignoramus"

EducationMedia and Culture

Blog04/17/2020

Experts such as Anthony Fauci are experts only in the narrow field of their expertise. They have almost no knowledge or expertise in other fields, including—apparently—the basics of how human societies function.

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A Puzzle about Mises and Conscription

War and Foreign PolicyPhilosophy and Methodology

Blog04/10/2020

Not only are conscripts enslaved, often under brutal conditions, they can be sent to die in battle. Mises opposed conscription, but there was an exception.

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Airline Bailouts Destabilize the Economy and Inflate Asset Prices

Blog04/07/2020

The airline industry has clearly been prone to booms and busts for decades. Yet instead of planning for hard times, these corporate welfare machines called "airlines" use resources to inflate stock value and pad executive salaries.

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A Fallacy about Negative Externalities

Philosophy and MethodologySubjectivism

Blog03/20/2020

Some people use the concept of negative externalities to argue for government to force people toward "what is best for them." An example of this is the call for a consumption tax.

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