Mises Wire

What Happens When the State Has Power over Adoption Agencies

U.S. History

Blog06/26/2021

Local governments now control child adoption in America. A recent Supreme Court ruling highlights just how political and capricious local officials can be in exercising this power. 

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No, Bernie, Collegiate Athletes Do Not Need a Union

Labor and Wages

Blog06/26/2021

The Sanders proposal comes with all of the hidden costs and other unwanted surprises that one would expect from a politician who has supported totalitarian governance for all of his political life.

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The Fed: Why Federal Spending Soared in 2020 but State and Local Spending Flatlined

Taxes and Spending

Blog06/25/2021

In 2020, federal spending grew year-over-year at the highest rate since the Korean War. But state and local spending growth flatlined. Why? The answer lies with the Federal Reserve and how the feds can spend and borrow a lot more than any state. 

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Privatize the Police

The Police StatePrivate Property

Blog06/25/2021

One big problem a government police force must always face is: What laws really to enforce? Police departments are theoretically faced with the absolute injunction, “enforce all laws,” but in practice scarcity means only some laws are enforced. Which ones?

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An "Open Mind" Is of No Use When It's Open to Lies

Philosophy

Blog06/25/2021

Countless Americans have been repeatedly told to “follow the science,” supposedly to prove they are not obstinately closed-minded. But the main purpose of it all was just to open people’s minds to what government bureaucrats wanted. 

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The Feds Collect Most of the Taxes in America—So They Have Most of the Power

U.S. Economy

Blog06/24/2021

The federal government collects a lot more in taxes than the state governments do. And the feds also spend a lot more. This tells us a lot about how the federal government came to dominate all political systems in America. 

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The Real Trickle-Down Effect: Making "Luxuries" Affordable to Regular People

Global Economy

Blog06/24/2021

The "trickle down" effect is real in how capitalists are motivated to expand affordability of their products and services. Mobile phones and air travel were once just luxuries enjoyed by a select few, but are now widely affordable. 

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Why Producer Prices (Like Lumber Prices) Are Rising Faster Than the CPI

Blog06/24/2021

Why have prices of building materials soared while consumer prices are relatively stable? This is easier to understand once we reject the myth of monetary neutrality and see how price inflation enters the market in different ways. 

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