Mises Wire

Three Reasons Representative Democracy Doesn't Work

Decentralization and SecessionPolitical Theory


Even if the idea of democracy were a good one, there is a myriad of problems that come with translating the will of the voters into "representation" in political institutions. 

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The Constitution Failed

U.S. HistoryPhilosophy and MethodologyPolitical Theory


The Constitution is a dead letter. The only way to save its ideals is to rebuild the ideology behind it—laissez-faire liberalism—from the ground up.

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The Second Round of Lockdowns Won't Be as Easy as the First

U.S. History


A second round of lockdowns will assault an America already suffering from widespread unemployment and a fragile economy. Even worse, round two is likely to last longer than round one, bringing an even larger economic and social toll.

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The Corona Crisis Could Bring a New Era of Decline for American Core Cities


Faced with declining city budgets, harsh future COVID lockdowns, and more riots, many residents and business owners in America's core cities will likely decide the cities aren't worth the trouble anymore.

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The Employment Situation Is Still a Disaster


It's possible that there may yet be a V-shaped recovery as employment really takes off in the next few months. But, so far, there's little reason to assume this will be the case.

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The COVID Panic Canceled Many Graduation Speeches. Thank Goodness.

U.S. History


Thanks to the COVID-19 panic this year, graduates at America's institutions of higher education missed the "opportunity" to be lectured by some celebrity or politician about the importance of "giving back" to the community, or being yourself, or following your dreams.

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These Protests Don't Threaten the Ruling Party in America's Big Cities

Big GovernmentMedia and CultureThe Police StatePolitical Theory


The political machines that run America's cities are likely to keep running them when these protests and riots end. Taxpayers will be worse off, but politicians will be even more powerful.

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The Great Society: A Lesson in American Central Planning

Book ReviewsSocialismU.S. History


In the 1960s, politicians and bureaucrats had nearly unbounded faith in the ability to plan a nearly perfect society. Things didn't turn out as they had planned.

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