Mises Wire

A Ticking Time Bomb: A Huge National Debt Plus Rising Interest Rates

Economic PolicyInflationMonetary PolicyTaxes and Spending


As the national debt explodes and the federal government ramps up borrowing and spending, borrowing costs increase as well. Ordinary Americans will suffer the effects in due time.

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Armed Neutrality Is the Only Moral Foreign Policy

World History


 The interventionist impulse is to alienate, divide, vilify, bomb, kill, and endlessly sow international discord. Yet it is the proponents of peace and trade, we are told, who are the "isolationists." 

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America Since 9/11: 22 Years of Lies and Despotism

War and Foreign Policy


In a more reasonable world, people like Cheney, Rice, Bolton, et al., would all be forgotten, shamed, and disgraced for overseeing multiple disastrous wars abroad and the creation of a police state at home. Unfortunately, we don't live in a more reasonable world. 

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American Prosperity Is Greater than Most of Us Realize

Economic FreedomU.S. EconomyU.S. HistoryWorld History


Compared to how most other people in the world live, Americans have a high standard of living. And despite the talk about inequality, there is more economic and social mobility here than anyplace else.

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America's Big Three Entitlement Bankruptcies Are Inevitable

Bureaucracy and RegulationEconomic PolicyInflationU.S. Economy


The vast American welfare system is imploding. Future tax revenues will not come close to meeting future obligations. Something must give.

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Are Markets Tyrannical? Where Christian Conservatives Are Mistaken

Cronyism and CorporatismEconomic FreedomEconomic PolicyLaw


A number of Christian conservatives are claiming that markets are as coercive as government. Try boycotting the FBI or your local police the next time they do something outrageous.

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America’s Big Three Entitlement Bankruptcies Are Inevitable

Booms and BustsU.S. EconomyU.S. HistoryWorld History


If the twentieth century was the American century, the twenty-first is turning into the American bankruptcy century.

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AI Lacks the Entrepreneurial Intelligence to Plan an Economy

The EntrepreneurPlanningSocialismCalculation and Knowledge


Despite what many elites believe, AI can do many things, but it cannot successfully plan an economy. It lacks the intelligence of an entrepreneur.

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