Mises Wire

Trust, Corruption, and the Cultural Foundations of Capitalism

Blog04/08/2021

Capitalism works well in developing countries when certain cultural obstacles are overcome. But if we ignore the cultural foundations of market institutions, we only succeed in generating contempt for capitalism. 

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How the Feds Blackmail Colleges and Universities

Education

Blog04/08/2021

It's becoming increasingly clear that Christian schools that accept federal funds will soon have to make a choice between abandoning those funds or fully embracing the ruling class's views of gender politics. 

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The Annapolis Convention: The Beginning of the Counterrevolution

U.S. History

Blog04/07/2021

In the wake of Shays' Rebellion, "the ultra-nationalist leader James Madison" looked for "a way to strengthen the power of Congress." The Annapolis Convention was an important first step to building a national leviathan. 

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VAWA Balkanizes Rights, Cynically Erasing Male Indians

Labor and WagesPhilosophy and MethodologyPolitical Theory

Blog04/07/2021

Identitarians present a parody of human rights: only approved groups are recognized as victims. Unapproved individuals are lost in the balkanization despite the fact that, in the final analysis, only individuals suffer and cry out for help.

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Monetary Policy in America Is a Mess. Things Are Even Worse in Europe.

Money and Banking

Blog04/07/2021

America is plagued by mountains of debt, cheap money, and an out-of-control central bank. But the situation with the European Central Bank is even more dangerous. 

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Fed Transparency Won't Get Us out of the Mess the Fed Created

Money and Banking

Blog04/06/2021

There is much talk these days about Fed "transparency" easing the effects of monetary policy. But it is not possible to deflate the present gigantic monetary bubble without a severe economic bust, and a policy of transparency employed by the Fed cannot prevent the inevitable bust.

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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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Major League Baseball Punishes Georgians for the Acts of a Handful of Politicians

U.S. History

Blog04/06/2021

Major League Baseball's boycott of Georgia only makes any sense at all if we conflate every single Georgia resident with the regime itself. But in the real world the claim that "we are the government" has always been nonsense. 

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