Mises Wire

The Immorality of Protectionism

Taxes and Spending


Protectionists are no better than any run-of-the-mill Progressive who wants more taxes on one group in order to subsidize some other group. There's no moral high ground here for the protectionists, just unfounded self-righteousness.

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The Fed Is Draining Our Economy Like Farmers Have Drained Their Aquifers

Big GovernmentEconomic PolicyThe FedU.S. Economy


America is draining its economy by federal debt in a way similar to how American farms and cities are emptying the nation's aquifers. We cannot sustain these losses much longer.

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Today Is the Best Day of the Year to Rob a Bank

The FedLawMoney and Banks


Today, the Fed takes a short break from robbing us via inflation and, instead, delivers huge amounts of cash to banks to service Black Friday purchases. The large cash infusions often make banks vulnerable to robberies.

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The United States Needs Its Own Javier Milei

AntipoliticsDemocracyEconomic PolicyWar and Foreign Policy


While the United States has not fallen as far economically as Argentina, the fact is that the present economic policies are ruinous. We need someone like Javier Milei to speak the truth about what is happening.

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The Legacy of Legacy Admissions Is Not What the Critics Claim

EducationMedia and Culture


Critics of college legacy admissions claim that the practice is racist and admits undeserving students. The longer-term results of such admissions show why colleges continue to employ them.

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The Taxman Cometh

LibertarianismOther Schools of ThoughtPhilosophy and Methodology


Philip Goff wants to solve the why of the universe, but his answers are not always logically coherent, as David Gordon explains.

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The Worse-than-Medieval Economics of Climate Technocrats

The EnvironmentPhilosophy and MethodologyPricesProduction Theory


Mainstream economists turned climate warriors use cost-of-production methods to determine the “true” social cost of carbon. They appeal to a discredited methodology falsely attributed to medieval Scholastics.

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The More Complex the Society, The Less Government Control We Need

Big GovernmentEconomic FreedomHayekLiberalism


Progressives claim that perhaps individual freedom might be appropriate for a simpler society but that as society grows more complex, the need for government grows. As Leonard Read pointed out, however, greater complexity requires greater freedom, not less.

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