Mises Wire

Rothbard: The Constitution Was a Coup d'État

Book ReviewsU.S. History

Blog02/13/2020

Rothbard took the American Revolution to be mainly libertarian in its inspiration, but he contends that the libertarian impulses of the Revolution were betrayed by a centralizing coup d’état. If Rothbard is right, the Constitution as written provides ample scope for tyranny.

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Foreign Aid Empowers Corrupt Regimes. End It.

Taxes and SpendingWar and Foreign Policy

Blog02/13/2020

US aid to foreign regimes helps free governments from having to raise funds from their own people. So, the recipients of foreign aid are likely to become less responsive and more corrupt.

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The Anticapitalist Front

Media and CultureSocialism

Blog02/12/2020

The rising generation is brought up in an environment that is engrossed in socialist ideas.

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US Mandatory Spending Projected to Increase Over a Trillion Dollars by 2023

Taxes and SpendingU.S. Economy

Blog02/12/2020

Even if discretionary spending stays flat, total government outlays are estimated to increase by more than $1 trillion, significantly above any measure of tax revenues. And that is without considering a possible recession.

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China's Economic Schemes Hurt the Chinese Most of All

Free MarketsGlobal EconomyProtectionism and Free Trade

Blog02/12/2020

Like Trump, I want China to stop manipulating its economy. But not for the same reasons Trump does.

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Small Countries Are Better: They're Often Richer and Safer Than Big Countries

Decentralization and SecessionWorld History

Blog02/11/2020

Smaller countries have often been shown to perform better than large countries in terms of overall income and in economic growth. Also, their populations often enjoy more healthy and safe social environments.

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Why Entrepreneurs Miss Market Opportunities

The Entrepreneur

Blog02/11/2020

Consumers are unpredictable, so it's very easy to miss important entrepreneurial opportunities. Entrepreneurship isn't as easy as it looks.

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The Truth about "The Edge of Democracy"

Cronyism and CorporatismGlobal EconomyWorld History

Blog02/11/2020

The Edge of Democracy, a new Oscar-nominated documentary about Brazil, gets even basic facts wrong in pushing the idea that Brazil's corrupt and socialist politicians were the saviors of Brazilian democracy.

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