Mises Wire

Austria Doubles Down on Forced Vaccinations

World History


Although covid cases in Austria—and most other countries—are rapidly falling, Austria has doubled down on punishing the unvaccinated and become the first country to mandate vaccination for all adults.

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Americans May Finally Be Losing Confidence in the Woke Military

War and Foreign Policy


Trust in the US military has plummeted according to a recent survey, and conservative Americans may finally realize that the military is just a wing of the woke, progressive American establishment.

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America's Legitimacy Crisis Heats Up

U.S. History


The Washington class could miscalculate and use force against the "deplorables." And if it reaches that point, the veneer of democratic legitimacy will be erased.

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America's Wars Are Far More Costly than the Pentagon Admits


The true cost of America's wars—in lost productivity, resources, and opportunity cost—is far higher than even the official numbers of trillions spent on the Pentagon's many failures.

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A Strategy to Promote Sound Money: Decentralize the State

Money and Banks


The current system of freely fluctuating paper currencies with the US dollar as reserve currency would not have been possible without political centralization of monetary systems. 

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A Slave-Based Economy Is Nothing Like a Dynamic Capitalist One

World History


The evidence indicates that a prevalence of slavery in an economic system is a robust predictor of subpar economic growth and a creativity deficit.

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A Forgotten Misesian: Remembering Philip Cortney


The career of Philip Cortney, a friend of Mises and Hazlitt, provides some interesting insight into the first generation of the American Austrian school.

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A History of Cronyism in America

Book ReviewsU.S. History


Cronyism: when the government passes policies to benefit special-interest politicians, bureaucrats, businesses, and other groups at the expense of the general public.

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