Mises Wire

China’s Military Strength Has Been Greatly Exaggerated

Blog09/01/2021

China is a rapidly aging, inefficient, conflict-ridden, and relatively poor country that simply is not on the road to seriously challenging the US’s hegemony.

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Review: Chaining Down Leviathan: The American Dream of Self-Government, 1776–1865

Blog08/31/2021

Bassani's book reveals that the drive for decentralized government was far from being a reactionary, postratification political strategy. It was the very cornerstone of the American political system.

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Why Does the Fed Say Current Debt Levels Are not Sustainable?

U.S. Economy

Blog08/31/2021

A few months ago US national debt exceeded $28 trillion. This number is certainly the one economists usually work with, but does this figure capture a long-term perspective?

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An End to the Bizarre CDC Rent Moratorium

Big GovernmentPrice ControlsPolitical TheoryPrivate Property

Blog08/30/2021

Many landlords just received a crash course about how irrelevant their property rights are in Washington.

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How to Use Democracy To Deny Human Rights

World History

Blog08/30/2021

A case study from Mauritius shows how democratic institutions are used to prevent true independence for oppressed classes and minorities under the guise of "representation" and "equality." 

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Some Conservatives Still Pine for the Good Ol' Days of Cannabis Prohibition

Legal System

Blog08/30/2021

The federal government, along with pharmaceutical, alcohol, and tobacco companies have spent money trying to put the legalization genie back in the prohibition bottle, so any argument or propaganda will suit their purposes.

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As the Political Divide Grows, It Makes Sense to Redraw State Boundaries

U.S. History

Blog08/28/2021

Discarding the starry-eyed fantasy of unity is the first step in acclimating Americans to the idea of radical decentralization. Realistically speaking, this will be a drawn-out process marked by stumbling blocks along the way.

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Happy Hour May Be Getting a Little Happier

U.S. History

Blog08/28/2021

Ten states ban happy hour. These laws restrict the sale of alcohol at discounted prices during specially designated times. Unfortunately, many citizens regard these backdoor price controls as perfectly legit. 

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