Mises Wire

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

The FedLawMoney and Banks

Blog11/22/2023

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

Blog11/22/2023

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

Blog11/17/2023

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

Blog11/17/2023

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

Blog11/16/2023

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

Blog11/15/2023

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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The Problem with Joe Manchin's Centrism

DemocracyMajority RuleU.S. EconomyU.S. History

Blog11/15/2023

Sen. Joe Manchin says he is retiring because of legislative divisions that keep Congress from finding political “solutions” to the nation’s problems. In truth, Congress is more united than the people they supposedly represent.

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The TSA Is Still Crazy after All These Years

Big GovernmentBureaucracy and RegulationThe Police StateU.S. History

Blog11/14/2023

In the past two decades, the TSA has proven it is ineffective in providing real security for airline passengers. However, its growing incompetence is matched only by its increasing intrusion into travelers' lives.

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