Mises Wire

Why Mainstream Economic Forecasts Are So Often Wrong

Money and BankingPhilosophy and Methodology

Blog01/08/2021

Thanks to politics, confirmation bias, and bad monetary economics, central banks have a lousy record when it comes to economic forecasts. 

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Freedom vs. the Collective

DemocracyPhilosophyWorld History

Blog01/08/2021

Many support democracy because for them the collective or “republican” liberty they favor far exceeds individual liberty in importance. Those of us who follow Mises and Rothbard will disagree.

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The Capitol Riot Wasn’t a Coup. It Wasn't Even Close.

U.S. HistoryWar and Foreign PolicyPolitical Theory

Blog01/08/2021

Coups are nearly always acts committed by elites against the sitting executive power using the tools of the elites. It's clear the elites want Trump gone, and Wednesday's riot was no coup. 

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The Family Fades as Governments Subsidize Daycares and Nursing Homes

EducationMedia and CulturePaternalism

Blog01/08/2021

By supplanting the family in caring for the young and the old, not only does the state increase the role it plays in society here and now, it also erodes the competency of the family in the long term. 

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The Covid Depression and "Food Insecurity"

U.S. Economy

Blog01/08/2021

Despite the welfare state, hunger is no longer a widespread problem in America. But to keep the narrative going, “hunger” officially became “food insecurity.”

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The Yellen-Akerlof Connection Isn't Good News for the Treasury

Money and Banks

Blog01/08/2021

Phishing for Phools provides confusion, and few benefits that go beyond age-old warnings to “be careful, someone might try to take advantage of you.” Many consumer advocates offer far more practical help.

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Hayek, Friedman, Buchanan: The Villains of "Neoliberalism"

Book ReviewsDemocracyPolitical Theory

Blog01/07/2021

According to Brown, Hayek's position against mass democracy is not to be argued against but diagnosed. It is wrong because “democracy” is good—obviously.

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Climate Activism, Captured in One Instagram Post

The EnvironmentMedia and Culture

Blog01/07/2021

Climate "science" now often amounts to little more than a smug proclamation from a TV personality and a demand that everyone vote for Joe Biden. 

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