Mises Wire

The Myths Behind the "Capitalism Is Racist" Claim

U.S. HistoryWorld History

Blog01/21/2021

Both theory and the empirical research shows a competitive marketplace is incongruous with racism, but the Left insists capitalism is "inherently" racist. 

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"Victim-Centered" Justice Is a Threat to Due Process

Legal System

Blog01/21/2021

A guilty-until-proven-innocent mentality is winning at many colleges where a “believe the women” ideology dominates. Now these trends are making inroads into criminal justice even off-campus. 

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Halfway to Secession: Unity on Foreign Policy, Disunity on Domestic Policy

Decentralization and SecessionU.S. History

Blog01/20/2021

Expect opponents of secession and decentralization to start claiming that neither option is acceptable because any big change to the status quo could endanger American "strength" in foreign policy. Don't listen to them. 

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Biden Can Now Launch the Nukes and Unleash World War III Whenever He Feels Like It

War and Foreign Policy

Blog01/20/2021

The power to incinerate a billion or more human beings over morning coffee remains in the power of the president. This morning Biden supporters on Twitter were ecstatic over the video of the nuclear launch equipment being handed over to Biden.

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Time Preference, Interest Rates, and Stagflation

Money and Banks

Blog01/20/2021

As a result of past reckless fiscal and monetary policies the pool of real wealth could be declining. If so, stagflation will result. 

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Why Governments Want More Centralization—and Less Federalism

Decentralization and SecessionU.S. History

Blog01/20/2021

America’s founders did not envision the federal government as the domineering senior partner in almost everything. What was once best described as “sovereign States, united solely for specified joint purposes” has been largely eviscerated.

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The Unwelcome Return of the Real Purveyors of Violence

War and Foreign Policy

Blog01/20/2021

It’s hard to be optimistic about a Biden administration with so many hyperinterventionist Obama retreads. Get ready for new wars and "regime change" operations. 

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