Mises Wire

Biden's Family Leave Is Yet Another Attack on the Family

Bureaucracy and RegulationU.S. Economy

Blog2 hours ago

Only a bureaucrat would assume that putting a small child in public school is just as effective as keeping the child at home with a parent. Unfortunately for Biden, the research isn’t on his side.

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Babbitt Is Back

PhilosophyPolitical Theory

Blog2 hours ago

The people selling us democracy believe in it the same way George F. Babbitt believes in a new listing from the Babbitt-Thompson Realty Company.

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Biden's Big Spending Plans Will Not Revive the Economy

Money and Banking

Blog04/20/2021

Even without deficits or new taxes, Biden's infrastructure spending plan will only create more malinvestment and inflict further damage on an already weakened economy. 

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Biden's Amtrak Infrastructure Scam

Taxes and Spending

Blog04/19/2021

Profit-seeking entrepreneurs move factors of production to their highest and most economical uses. Amtrak, on the other hand, is diverting useful factors of production from higher use values to lower-valued uses. To put it another way, Amtrak is destroying wealth.

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Biden's Colossal Budget Confirms Trump-Era Mega Spending Will Continue

Taxes and Spending

Blog04/10/2021

The Dems are still claiming that welfare spending withered away during the Trump years. But that's obvious nonsense, and Trump's megaspending slathered trillions of dollars on pretty much everything.

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Biden and Janet Yellen Are Pushing a Global Minimum Tax Rate. The EU Is Very Pleased.

Taxes and Spending

Blog04/06/2021

Globalists know that so long as sovereign states have the ability to set their own tax rates, regimes are tempted to engage in “tax competition” in order to attract capital. The cure to this “problem” is a global minimum tax rate.

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Big Debt Plus Rising Interest Rates = Big Danger

Money and Banking

Blog04/03/2021

"Because there's so much debt today relative to 10, 15 years ago, a small debt, a small move in yields, 50 basis points in yields today is equivalent to 2% 15 years ago."

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Biden’s Rescue Plan Won't Reduce Poverty

Poverty

Blog03/19/2021

“Poverty in society is overcome by productivity, and in no other way. There is no political alchemy which can transmute diminished production into increased consumption.”

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