Mises Wire

Opposition Builds to the F-35 Program's Runaway Costs

Taxes and SpendingWar and Foreign Policy

Blog03/23/2021

The reliability and service life of the F-35 were greatly exaggerated in earlier reports. Now the aircraft is looking like an even bigger boondoggle than before. 

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Victim-Centered Justice Throws Black Men under the Bus

Legal System

Blog03/23/2021

By embedding victim-centered justice in law, lack of due process will become institutionalized. The burden of this will fall on men, and in particular black men.

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Why Envy Can Destroy Economic Progress

Blog03/22/2021

In some cultures, entrepreneurial achievement and capital accumulations are viewed with high levels of suspicion and envy. This can be disastrous for economic progress. 

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The Everything Bubble: How A Debt-Driven Economy Creates More Frequent Crises

Booms and Busts

Blog03/22/2021

For decades, demand-side policies showed diminishing but not lethal results, but now the world has repeated the same policies so many times that there is simply exhaustion.

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Debunking Piketty and the Left's Celebrity Economists

World History

Blog03/20/2021

If you were to browse the economics sections of bookstores here in my home city, Dublin, you would find a wide variety of books by anticapitalist celebrity economists. Books by free market economists? Not so much. 

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State Preemptions of Local Government Are a Bad Thing. Even When Ron DeSantis Does It.

Decentralization and Secession

Blog03/20/2021

Centralizing political power in the hands of the state government only sets the stage for abuses when a new administration takes over. 

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Crying Wolf on (Hyper)Inflation?

Inflation

Blog03/19/2021

In the early years of QE, many economists warned that the Fed’s unprecedented monetary inflation would cause a significant increase in consumer prices. In this chapter, we’ll assess several popular explanations for why the Fed’s monetary inflation since 2008 hasn’t generated a comparable...

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Biden’s Rescue Plan Won't Reduce Poverty

Poverty

Blog03/19/2021

“Poverty in society is overcome by productivity, and in no other way. There is no political alchemy which can transmute diminished production into increased consumption.”

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