Mises Wire

Saudi Arabia’s Quandary: The End of the Petrodollar

Cronyism and CorporatismMonetary PolicyWar and Foreign Policy

Blog03/02/2023

As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar.

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Secession Is Inevitable. War to Prevent It Is Optional.

U.S. HistoryWorld History

Blog02/28/2023

The answer lies not in doubling down on political unity, maintained through endless violence or threats of violence. Rather, the answer lies in peaceful separation. 

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Saint Augustine, Proto-Austrian

History of the Austrian School of EconomicsPraxeology

Blog02/23/2023

One of the fundamental tenets of Austrian economics is the ordinal value scale. Augustine articulated the idea more than a thousand years before Carl Menger wrote his pathbreaking Principles of Economics.

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Secession: Should the American Revolutionaries Have Quit to Appease the Loyalists?

Decentralization and SecessionU.S. History

Blog02/21/2023

Opponents of secession say secession is wrong if some people in the population don't want it and say they will be worse off. The American revolutionaries disagreed and seceded anyway.

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So Much Hot Air: The (Fake) China Threat Strikes Again!

Media and CultureWar and Foreign Policy

Blog02/11/2023

Contrary to our elite media and political classes, the Chinese weather balloon was no threat to our well-being. However, the government's response to it made this a more dangerous world.

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Subsidizing Higher Education Is Not Creating Widespread External Benefits

Cronyism and CorporatismEducation

Blog02/04/2023

Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from the less-well-off to wealthy people.

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Social Security Taxes Aren't "Your" Money

U.S. Economy

Blog02/01/2023

The government can't return the SS money it stole in the past. It's impossible. That money's gone. Taxing today's workers to "pay back" pensioners is just creating a new group of tax victims. 

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Southwest's Meltdown Reminds Us We Must End Airlines' Corporate Welfare

Blog01/04/2023

Federal protectionism and bailouts makes it easier for US airlines to survive terrible service, such as mass cancellations or when Southwest imposed a private mask mandate and threw families off flights.

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