Mises Wire

Leviathan Is on the Menu

Bureaucracy and RegulationCronyism and CorporatismLabor and WagesProgressivism


The State of California, unable to unionize fast food workers, now is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.

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Licensing Laws Deepen South Africa's Electricity Crisis

Bureaucracy and RegulationCronyism and CorporatismMonopoly and Competition


South Africa is suffering from rolling blackouts and other power outages. These could be avoided if the government would permit competition in electricity markets.

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Living by a Premise

Economic FreedomFree MarketsLibertarianism


More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a universal idea of liberty.

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Libertarian Law by Democratic Means: The Power of Ideologies and Public Opinion

DemocracyWorld History


Mises had hoped that democracy would lead to free societies after World War II ended. He did not foresee the illiberal turn in the West in the last decade.

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Lincoln's Main Target Was "Anarchy" and Secession, Not Slavery

SecessionU.S. History


Once the Southern states accepted the Thirteenth Amendment, Lincoln was entirely content for the old Southern elites to resume their positions of power and for many blacks to continue in a condition little better than bondage.

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Low Rates of Military Enlistment May Portend Prosperity Ahead

AntipoliticsDemocracyEconomic PolicyWar and Foreign Policy


Low rates of military reenlistment in the USA are spun as a near crisis. Perhaps this situation should make us more optimistic about our future.

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Libertarian Law by Democratic Means: Utilitarianism and the Demythologization of Authority

PhilosophyPoliticsPolitical Theory


Mises saw essentialist values as fallacies because they were unverifiable and saw metaphysical ideas as a key component of authoritarianism. His solution was utilitarianism.

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Looming Bank Failures Point to More Price Inflation as Real Wages Fall Again


Even if Powell is sincere in this stated desire to slay inflation with more rate hikes, recent bank failures will put the Fed under enormous pressure to end its rate hikes and to once again embrace easy money to save the banks and Wall Street. 

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