Mises Wire

The "Climate Emergency": Fueled by 21st Century Marxism

Big GovernmentThe EnvironmentMedia and CultureWorld History

The eternal “climate emergency” is upon us. While doomsday is said to be around the corner, the reality is that the only thing rising is the level of government control.

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How Washington Hawks Helped Create the New "Axis of Evil"

Big GovernmentPoliticsU.S. HistoryWar and Foreign Policy

Blog11/08/2023

Washington never sleeps when it comes to declaring new overseas enemies to destroy. The new “axis of evil” now consists of Russia, Iran, and China.

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Rothbard: Understanding the History of Banking from an Austrian Perspective

Central BanksAustrian Economics OverviewBusiness CyclesMoney and Banking

Blog11/07/2023

Jesús Huerta de Soto reviews Murray Rothbard's A History of Money and Banking in the United States: The Colonial Era to World War II.

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There's No Easy Way Out of This Debt Spiral

Money and BanksTaxes and Spending

Blog11/07/2023

The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low. 

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Israel Isn’t the Brilliant Friend of Freedom the Beltway Claims It to Be

DemocracyThe Police StateWar and Foreign Policy

Blog11/07/2023

While Israel receives praise for being a "democracy" in the undemocratic Middle East, its surveillance policies mirror those of China, which is decidedly not democratic.

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The Federal Reserve is Running Losses. Does This Cost Anyone Anything?

The FedMonetary PolicyU.S. Economy

Blog11/07/2023

The Federal Reserve is losing money, according to its official books. Does that matter, or does the Fed operate outside the bounds of the laws of economics?

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Killers of the Flower Moon Is about Government Failure

Bureaucracy and RegulationCronyism and CorporatismMedia and CultureU.S. History

Blog11/06/2023

The newly-released movie "Killers of the Flower Moon" depicts what happens when politically-connected people can use the state to carry out nefarious deeds. Unfortunately, government failure is one lesson that is sure to be lost here.

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Is Migration a Tool of the Consumptive Class?

Cronyism and CorporatismEconomic PolicyMinarchyProgressivism

Blog11/06/2023

An unfortunate consequence of increased wealth is the growth of the parasitic consumptive class of political and cultural elites. Labor migrations often follow in the wake of damage that elites do.

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