Mises Wire

As the Pentagon Fails Another Audit, Congress Wants to Spend Even More on "Defense"

Taxes and SpendingU.S. EconomyU.S. History

Blog9 hours ago

America's military technocrats (a.k.a. "generals") specialize in losing wars and also losing your money. Naturally, Congress wants to give them even more taxpayer cash.

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An Economist Examines US Foreign Policy and Finds It Wanting

LiberalismProgressivismWar and Foreign Policy

Blog12/02/2022

Economist Christopher Coyne of George Mason University uses economic logic to expose the follies of militaristic US policies overseas.

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As Easy Money Crashes, the Political and Legal Effects Appear

Financial MarketsInflationMedia and Culture

Blog11/29/2022

As inflation ravages the economy, easy money is disappearing, with political and legal consequences to follow.

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A (True) Thanksgiving Tale of Socialism in America and Israel

Free MarketsSocialismU.S. HistoryWorld History

Blog11/24/2022

The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.

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After Years of "Stimulus" Come Surging Debt and Falling Wages

U.S. History

Blog11/22/2022

For all the positive talk, Americans are piling on more debt just as real wages are falling, job losses are mounting, and debt costs are rising. Thanks, Fed! 

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Are Progressive "Experts" Fallible? Yes, But Don't Tell Them That

Progressivism

Blog11/18/2022

Ours is an age of the progressive expert who nearly always is wrong but still is embraced by progressive politicians, the media, and academe.

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American Chip "Independence": Protectionism by Another Name

Cronyism and CorporatismProgressivismProtectionism and Free Trade

Blog11/10/2022

While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.

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Are Robots and AI Really Going to Displace All Workers? Probably Not

CapitalismFree MarketsStrategy

Blog11/05/2022

As fear that robots and artificial intelligence will take over whole lines of work, it is time to examine the real relationship between capital and the rest of us.

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