Mises Wire

Down with Political Polling. Up with Prediction Markets.

Media and Culture

Blog11/11/2020

Pollsters, many of whom predicted an overwhelming "blue wave," obviously failed miserably as reliable gauges of political sentiment. But prediction markets may offer an alternative. 

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Want to Reduce the Trade Deficit? Cut Government Spending.

Protectionism and Free TradeTaxes and Spending

Blog11/11/2020

A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree. 

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Talk of "Unity" Is Both Hypocritical and Delusional

Big GovernmentPolitical Theory

Blog11/10/2020

Grand invocations that "I will unify us" are actually shorthand for "We mean to get our way, regardless of others' well-being and desire."

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How Easy Money Creates the Boom-Bust Cycle

Blog11/10/2020

An economic depression is not caused by the collapse of the money stock, but rather by the collapse of the pool of real savings. This is set in motion by previous monetary pumping.

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Here’s What Donald Trump Should Do before Inauguration Day

Big GovernmentStrategy

Blog11/09/2020

Even if he loses, Donald Trump still has time to change military policy, pardon allies, unseat the Federal Reserve Board of Governors, and throw a wrench in the deep state apparatus.

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Election 2020: Choking on the Political Red and Blue Pills

Legal SystemPolitical Theory

Blog11/09/2020

Election 2020 is the same as every other election, only the state’s mask of legitimacy is slipping. 

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A Brief History of Nonwhite Slave Owners in America

U.S. HistoryWorld History

Blog11/09/2020

Romanticizing the history of nonwhites to portray them as saints is dehumanizing.

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Why the Free Market Liberals Underestimated the Socialists

Blog11/07/2020

They masses only choose between the ideologies developed by the intellectual leaders of mankind. But the masses' choice is final and determines the course of events. If they prefer bad doctrines, nothing can prevent disaster.

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