Mises Wire

After Ukraine, Realpolitik Will Be the New Interventionist Status Quo

Big GovernmentU.S. HistoryWar and Foreign PolicyWorld History


Between war weariness and the inability of the US government to pay war bills, reality is going to come to the fore even if Washington doesn't like it.

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Are Businesses Entitled to a Fair Profit?

Corporate WelfareCronyism and CorporatismEconomic Policy


One of the cliches of the New Deal was that businesses were entitled to a “fair” profit. Leonard Read astutely pointed out that profits (and losses) have nothing to do with “fairness.”

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America the Obese: How Taxpayers Are Forced to Ruin Their Health

Corporate WelfareEconomic PolicyProtectionism and Free TradeU.S. History


Since the original sugar tariff of 1789, US government policy has been to subsidize sugar, a policy that has led to serious consequences, including a health crisis of obesity.

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Affective Polarization Is Making Us Dumber

AntipoliticsMedia and CulturePhilosophy


One way to combat intellectual atrophy is to learn from Ibram Kendi’s mistakes and do the opposite.

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A Fed-Induced "Neutral" Interest Rate Is a Contradiction in Terms

Economic PolicyThe FedCapital and Interest Theory


The Federal Reserve claims to know the “neutral” rate of interest, as though these things can be known administratively. Either interest rates are set by the market or done by fiat; it cannot be both simultaneously.

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American History Is a Preview of the Israel-Palestine End Game

U.S. HistoryWorld History


How the Israel-Gaza war ends is easy to imagine because it's following a path that has been trod many times before. We've seen it many times during conflicts between settler populations and indigenous populations worldwide

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A Rothbardian Critique of Effective Altruism

PhilosophyOther Schools of ThoughtPhilosophy and MethodologyPolitical Theory


"Effective altruism" has become a buzzword with modern progressives who seek to combine state power and billionaire-funded nonprofits to redirect resources.

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A Government Shutdown Is not the Problem. Public Debt Is the Problem.

Money and Banks


Those who defend the science fiction fallacy of MMT say that if the government cuts the deficit, then the world will run out of US dollars and there will be a global monetary meltdown. This is so ludicrous that it should not even have to be discussed.

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