Mises Wire

Lots of Red Ink at the Fed

Money and Banks


The Fed wants you to believe that neither its negative capital nor its giant losses matter because it is the Fed and can print money. But it does matter because the Fed’s losses will cost not only it, but also the Treasury and the taxpayers, over $100 billion this year.

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Let's Examine Some REAL Crimes Committed by Presidents

LawLegal SystemPolitics


The ruling classes have determined that crimes are political in nature. Thus, Donald Trump faces criminal charges while actual crimes by other presidents go uncharged and unpunished.

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Let Staten Island Secede!

Decentralization and Secession


If Staten Island is allowed to secede, our national technocrats fear that might open up countless similar demands for self-determination across the nation. For the elites, the current status quo works quite well and they want to keep it that way. 

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Lost Continetti: A Neoconservative History of the Right

U.S. History


In Continetti’s opinion, the excesses of populism are particularly to be feared, especially when people have the audacity to oppose war.

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Leviathan Is on the Menu

Bureaucracy and RegulationCronyism and CorporatismLabor and WagesProgressivism


The State of California, unable to unionize fast food workers, now is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.

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Licensing Laws Deepen South Africa's Electricity Crisis

Bureaucracy and RegulationCronyism and CorporatismMonopoly and Competition


South Africa is suffering from rolling blackouts and other power outages. These could be avoided if the government would permit competition in electricity markets.

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Living by a Premise

Economic FreedomFree MarketsLibertarianism


More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a universal idea of liberty.

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Libertarian Law by Democratic Means: The Power of Ideologies and Public Opinion

DemocracyWorld History


Mises had hoped that democracy would lead to free societies after World War II ended. He did not foresee the illiberal turn in the West in the last decade.

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