Mises Wire

If Deficits Don't Matter, Why Bother with Taxes?

Taxes and Spending


If deficits don't matter, why bother with taxes? The regime has the answer: taxes are important for punishing people we don't like, rewarding our friends, and for maintaining control over the public. 

Read More

In Search of Utopia

World History


Hegel and Marx took a philosophy from some fringe Christian groups and turned it into a global utopian movement that has been disastrous.

Read More

It's Time for the US to Withdraw from Korea

War and Foreign Policy


Pulling troops out of South Korea is an important step in changing the conversation on American foreign policy, which is swamped in platitudes of promoting missionary enterprises abroad and finding new bogeymen to confront. 

Read More

In Some Countries, Lockdowns May Be the "New Normal"



While some countries in Europe are showing signs of lifting all restrictions soon, Ireland’s so-called leaders are telling citizens it cannot be guaranteed that they’ll even be able to holiday in their own country this summer.

Read More

Is Money a Creation of Government?

Money and Banking


Using the Mises’s regression theorem, we can infer that it is not possible that money could have emerged because of a government decree as suggested by the modern monetary theory (MMT).

Read More

India's Farming Reform: A Lesson in Interest Group Politics

Cronyism and CorporatismPrice ControlsProtectionism and Free Trade


If Punjabi farmers had been portrayed as affluent, the media would view them as greedy entrepreneurs. But leveraging the political capital of perceived powerlessness has allowed them to obscure their true status as rent seekers. 

Read More

If America Splits Up, What Happens to the Nukes?

War and Foreign Policy


A divided America remains a wealthy America, and a postsecession America would be wealthy enough to retain a defensive military. Moreover, it's even cheaper to maintain an effective nuclear arsenal than to keep up a large conventional military.

Read More

Is Math Racist? That Does Not Compute

EducationMedia and CultureWorld History


Rather than representing “white supremacy,” the evolution of mathematics has been a globe-, race-, and culture-spanning collaboration of advancements, an ongoing development of more effective tools for anyone to use.

Read More