Mises Wire

The Affirmative-Action Ruling Strengthens Vast Federal "Anti-Discrimination" Powers

Decentralization and SecessionU.S. History


The conservative judges chose to perpetuate the court's well-established and disastrous use of the Equal Protection Clause. The justices were careful to protect and strengthen federal power. 

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The Problem with Belloc's Distributist Economy

Economic PolicyFree MarketsOther Schools of ThoughtPhilosophy and Methodology


The "distributist" theorists Chesterton and Belloc imagined that economic interventionism could make life easier and more free. Yet their proposed system is neither moral nor practical. 

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The Trouble with the Constitution and the "Social Contract"

U.S. HistoryWorld HistoryPolitical Theory

If my repeated insistence that I do not consent is insufficient to indicate my lack of consent, then what kind of crazy moral system is this?

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The MMT-and-Bailey Fallacy

The FedInflationMonetary PolicyU.S. Economy


The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.

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The Carbon Capture Pipeline: The Latest Bridge to Nowhere

Bureaucracy and RegulationCorporate WelfareThe EnvironmentProgressivism


The government's latest "weapon" against carbon dioxide emissions is a pipeline that will carry the emissions across states and deep underground. In other words, another Washington boondoggle.

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The Eurozone Falls into Recession as "Stimulus" Fails

Global Economy


It's all in spite of enormous social spending, more than two trillion euros of stimulus, and the increase in population. Resorting to the old “it could have been worse” argument makes no sense.

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The FTC Should Answer Its Call of Duty to Gamers

Big GovernmentBureaucracy and RegulationProtectionism and Free TradeInterventionism


The Federal Trade Commission is heavily scrutinizing the proposed merger between Microsoft and Activision. Why? Because Sony is against it.

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The Fed Has Rigged the Stock Markets to Crash

Booms and BustsThe FedInflationU.S. EconomyBusiness Cycles


The Fed's latest attempt to correct the inflation it caused is putting the market on a crash course.

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