Mises Wire

The Media Said Europe "Beat Back" Covid. But Now Lockdowns Loom Again



The "experts" intend to keep locking populations down again and again until there's a vaccine. But what if there's no vaccine coming?

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There Are No Winners in the US-China "Tech War"

Protectionism and Free TradeSocialismWar and Foreign Policy


The alleged rise of China to impending global tech dominance is greatly overstated. And US efforts to combat China will only make American companies less competitive.

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The Myth of the Failure of Capitalism

CapitalismProtectionism and Free TradeSocialism


It is true that socialism and interventionism have not yet succeeded in completely eliminating capitalism. If they had, we would rediscover the meaning of hunger on a massive scale.

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The COVID Panic Is a Lesson in Using Statistics to Get Your Way in Politics


When it came to debating the morality and prudence of COVID lockdowns, their proponents had an ever-growing death toll statistic on their side. Those who feared the dark side of coerced lockdowns lacked the advantage of a dedicated government stat.

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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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