Mises Wire

The Covid Lockdowns Showed Us How Dangerous Social Engineers Have Become

HayekSocialism

Blog1 hour ago

It's fairly easy to destroy the spontaneously created institutions and groups that make up a well-functioning society. But it is nearly impossible to rebuild them once they're destroyed by central planners. 

Read More

John Stuart Mill, "the Marketplace of Ideas," and Minority Opinion

LiberalismPhilosophy

Blog6 hours ago

There is little evidence that Mill advocated an unhampered marketplace of ideas. In fact, there is evidence to the contrary—that he preferred a kind of “affirmative action for unconventional opinions.”

Read More

Missouri Tells the Feds: We Won't Enforce Your Gun Laws

Decentralization and Secession

Blog06/21/2021

The State of Missouri has adopted a new law mandating that state and local officials no longer assist in enforcing federal gun laws. The strategy has already been proven to work in states refusing to enforce federal marijuana laws. 

Read More

Transitory Inflation or Stagflation?

U.S. Economy

Blog06/21/2021

Transportation problems mixed with an ongoing government spending spree are pushing prices higher. But output doesn't exactly seem to be roaring ahead. That raises the specter of stagflation. 

Read More

Central Banks See No Way out of the Low Interest Rate Trap

Money and Banks

The last time a major central bank knowingly tried to end a low-rate policy regime occurred in Japan in the late 1980s. Since then, no central banker has wanted to repeat this unhappy experience.

Read More

The Ratification Debate: A Standing Army vs. the Militias

U.S. History

Blog06/19/2021

Benjamin Rush was indecent enough to let slip the admission that the Constitution was a national government that ultimately eliminated the states. The other Federalists knew that it was not polite to admit this in public.

Read More

Why Biden Wants a Cap on State and Local Tax Deductions

Taxes and Spending

Blog06/19/2021

The SALT tax deduction allows state and local taxes—like property taxes—to be deducted from federal taxes. To cap it is to pave the way for the federal government to tax income twice.

Read More

Why the Regime's Regulatory Power Is a Standing Threat to America

U.S. History

Blog06/19/2021

Powerful federal politicians have many ways of expressing their displeasure with America's private sector, and this is partly why we so rarely hear any real criticism of the feds from corporate America.

Read More
Shield icon power-market-v2