Mises Wire

This Time Is Not Different: More Debt, Less Growth

Money and Banking

Blog01/11/2021

There is only one way to strengthen the recovery: To reduce structural imbalances by regaining budgetary sanity and implementing serious measures to attract capital. To fall back into propagandistic optimism would be a mistake.

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California Is Worse Than You Think

U.S. History

Blog01/09/2021

If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs.

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Corporatism: Influential Farmers in India Oppose Profreedom Agricultural Reforms

Bureaucracy and RegulationCorporate WelfarePrice Controls

Blog01/09/2021

The silent majority is the one that benefits from recent agricultural reforms, but mounting pressure from the vocal minority has prompted the government to once again increase government meddling. 

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Socialists Claim Their System Is Morally Superior. They're Wrong.

CapitalismSocialismWorld History

Blog01/09/2021

Even granting the goals of “meeting people’s needs” and “selflessness” cherished by socialists, a property-based market economy is far superior at meeting those goals in modern civilization compared to a top-down, centrally controlled socialist system.

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Why Mainstream Economic Forecasts Are So Often Wrong

Money and BankingPhilosophy and Methodology

Blog01/08/2021

Thanks to politics, confirmation bias, and bad monetary economics, central banks have a lousy record when it comes to economic forecasts. 

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Freedom vs. the Collective

DemocracyPhilosophyWorld History

Blog01/08/2021

Many support democracy because for them the collective or “republican” liberty they favor far exceeds individual liberty in importance. Those of us who follow Mises and Rothbard will disagree.

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The Capitol Riot Wasn’t a Coup. It Wasn't Even Close.

U.S. HistoryWar and Foreign PolicyPolitical Theory

Blog01/08/2021

Coups are nearly always acts committed by elites against the sitting executive power using the tools of the elites. It's clear the elites want Trump gone, and Wednesday's riot was no coup. 

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The Family Fades as Governments Subsidize Daycares and Nursing Homes

EducationMedia and CulturePaternalism

Blog01/08/2021

By supplanting the family in caring for the young and the old, not only does the state increase the role it plays in society here and now, it also erodes the competency of the family in the long term. 

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