Mises Wire

The "Meritocracy" Was Created by and for the Progressive Ruling Class

U.S. History

Blog03/07/2023

All of Al Gore's children went to Harvard. Are we really to believe that this is because the Gore kids had the most "merit"? The only real  meritocracy is in the marketplace. 

Read More

We Are All Counterfeiters Now

The FedInflationKeynesMonetary Policy

Blog03/07/2023

Get beyond the PhDs running the Federal Reserve or the way people treat the Fed with deference. In the end, it is nothing but a legal counterfeiting ring.

Read More

Slavery in the Americas: Separating Fact from Fiction

U.S. HistoryWorld History

Blog03/06/2023

There is no denying the awful history of slavery in the Western Hemisphere. However, to better understand its legacy, we must rely on truth, not myths.

Read More

Biden's Executive Order on Equity: It Will Create Greater Inequality

Bureaucracy and RegulationPhilosophy

Blog03/06/2023

President Biden's executive order to "strengthen equity" in the federal government is doomed to fail. It will create a lot of havoc in the meantime.

Read More

Gustave de Molinari, First Anarcho-Capitalist

World History

Blog03/06/2023

Molinari's "liberal principles had been proclaimed by Cobden, Gladstone and Bright in England, and by Turgot, Say, Chevalier and Bastiat in France."

Read More

Austrian Economics Stands against the Collectivism of Progressive Thought

ProgressivismSocialismAustrian Economics OverviewPhilosophy and Methodology

Blog03/04/2023

Progressivism is collectivist, anti-individual, and ultimately destroys civilization itself. Austrian economics stands against this force.

Read More

Altruism vs. Materialism in Market Exchange

Philosophy and MethodologyValue and Exchange

Blog03/04/2023

Other psychic factors being equal, it is to everyone's self-interest to maximize his monetary income on the market. But this maximum income can then be used for either “selfish” or for “altruistic” ends.

Read More

When Military Strategy Ignores Economics: The Sad Story of Rear Admiral Alfred Thayer Mahan

War and Foreign PolicyWorld History

Blog03/03/2023

Do military leaders really understand economics and, especially, do they understand the devastating effect war has on peaceful economies? Certainly, not enough of them understand economics.

Read More