Mises Wire

Lincoln's Main Target Was "Anarchy" and Secession, Not Slavery

SecessionU.S. History


Once the Southern states accepted the Thirteenth Amendment, Lincoln was entirely content for the old Southern elites to resume their positions of power and for many blacks to continue in a condition little better than bondage.

Read More

Low Rates of Military Enlistment May Portend Prosperity Ahead

AntipoliticsDemocracyEconomic PolicyWar and Foreign Policy


Low rates of military reenlistment in the USA are spun as a near crisis. Perhaps this situation should make us more optimistic about our future.

Read More

Libertarian Law by Democratic Means: Utilitarianism and the Demythologization of Authority

PhilosophyPoliticsPolitical Theory


Mises saw essentialist values as fallacies because they were unverifiable and saw metaphysical ideas as a key component of authoritarianism. His solution was utilitarianism.

Read More

Looming Bank Failures Point to More Price Inflation as Real Wages Fall Again


Even if Powell is sincere in this stated desire to slay inflation with more rate hikes, recent bank failures will put the Fed under enormous pressure to end its rate hikes and to once again embrace easy money to save the banks and Wall Street. 

Read More

Loss of Religious Belief Is a Greater Loss for a Civilized Society



Secularists cheer the decline of religion in Western societies, but that loss comes at a huge cost: the decline of civilization itself.

Read More

Lifting the Debt Ceiling Is Not a Social Policy

U.S. Economy


Printing and raising taxes are not social policies. It is profoundly anti-social, as it destroys the middle class and makes the economy weaker. Raising the debt ceiling is also extremely negative for the middle class because it means more taxes.

Read More

Latin America's Descent into Interventionism Continues

World History

The new governments in Chile and Colombia are announcing policies that resemble those of the “Peronist left” in Argentina and the Fernandez government in Argentina is looking more like Maduro’s Venezuela each day.
Read More

Leviathan Devours Free Range Entrepreneurs

Bureaucracy and RegulationCronyism and CorporatismLawEntrepreneurship


In the name of "protecting workers," progressive legislators put people out of work. For their own good, of course.

Read More