Mises Wire

Biden's Family Leave Is Yet Another Attack on the Family

Bureaucracy and RegulationU.S. Economy

Blog05/11/2021

Only a bureaucrat would assume that putting a small child in public school is just as effective as keeping the child at home with a parent. Unfortunately for Biden, the research isn’t on his side.

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Babbitt Is Back

PhilosophyPolitical Theory

Blog05/11/2021

The people selling us democracy believe in it the same way George F. Babbitt believes in a new listing from the Babbitt-Thompson Realty Company.

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We Cannot Build an Economy on Lies

U.S. History

Blog05/11/2021

American journalists and academics have invented a fairy tale in which "free market orthodoxy" has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again. 

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The Corrupt Bargain and the Preservation of Slavery

Blog05/10/2021

Slavery was driven into the heart of the new constitution: in the three-fifths clause, in the protection of slave importation for twenty years, in the fugitive slave clause, and even in the congressional power to suppress insurrections within the states.

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Washington's Bipartisan Fiscal Folly

World History

Blog05/10/2021

Donald Trump—despite adopting a number of economically intelligent policies—was completely unwilling to rein in federal spending. Then things got even worse. 

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Keynes Thought Scarcity Would Disappear in the Near Future. Boy, Was He Wrong.

Book Reviews

Blog05/10/2021

It is not surprising that Keynes looks at the economy from the perspective of a government bureaucrat; this is exactly what, for a significant part of his life, he was. It was for his bureaucratic "service," not his economics, that he was elevated to the peerage.

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An Autoethnographic Account of the Free Market: My Father

Free MarketsU.S. History

Blog05/08/2021

Autoethnographies place the self within a social, historical context. In this one, Michael Rectenwald approaches the free market from the standpoint of his own experience.

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Self-Interest versus Racial Solidarity

World History

Blog05/08/2021

Modern-day race theories—much like the standard racist theories of the past—assume that racial solidarity ought to be the overriding factor in all human behavior. Experience shows this is not at all always the case. 

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