Mises Wire

Australia: The Nation Founded by British Convicts Embraced Entrepreneurship

Free MarketsWorld HistoryEntrepreneurship

Blog01/14/2023

Australia is famous for its laid-back culture and for being founded by convicts from Great Britain. It also should be famous for its embrace of entrepreneurship.

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Make No Mistake, War Hawk American Policy Helped Start This War in Ukraine

ProgressivismWar and Foreign Policy

Blog01/13/2023

When the Soviet Union collapsed more than thirty years ago, US and European political elites sought to isolate and threaten Russia. The result has been war, destruction, and death, none of it necessary.

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Yes, Virginia, There IS a Deep State—and It Is Worse than You Think

Big GovernmentBureaucracy and RegulationProgressivismU.S. History

Blog01/13/2023

We like to think of the "deep state" as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.

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Real Wages Fall for the Twenty-First Month as Rent and Food Prices Keep Rising

Money and BanksU.S. Economy

Blog01/12/2023

The Federal Reserve has yet to get price increases anywhere near its own arbitrary 2-percent goal, but a mild slowing in growth rates has Biden claiming that price inflation is "falling."

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The Chimera of a Postpandemic Postwar Return to Monetary Normal

The FedInflationMonetary Policy

Blog01/12/2023

Government and monetary authorities claim that the worst of the postcovid lockdown disruptions are past and a "return to normal" is just around the corner. It will be a very long corner.

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The Great Depression's Patsy

Booms and BustsKeynesMonetary PolicyGold Standard

Blog01/12/2023

Poplular history says that massive government spending—made possible by ending the gold standard—ended the Great Depression. As usual, popular history is wrong.

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Infective Maltruism: Is Charity Still Charity When It Is Performed for Uncharitable Reasons?

Cronyism and CorporatismProgressivism

Blog01/11/2023

What often passes as charity today is little more than progressive billionaires trying to force the Great Reset on unwilling subjects.

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Micronations in International Law: How US Policy Could Improve the Fortunes of Upstart Libertarian Countries

Decentralization and SecessionSecession

Blog01/11/2023

Breakaway groups are forming micronations to become free of stultifying governments. This trend certainly will continue.

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