Mises Wire

Lincoln Dissected

Decentralization and SecessionU.S. History

Blog02/13/2024

The “second American Constitution,” was an illegal overthrow of the Articles of Confederation. This nationalist cabal behind the new constitution paved the way for new myths used to hammer the new confederation into a single unified national state.

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Is Taiwan a De Facto Sovereign Nation or a Province of the PRC?

DemocracySocialismWar and Foreign PolicyWorld History

Blog02/13/2024

The “One-China” policy assumes Taiwan to be a runaway province. The people of Taiwan, however, see their country as sovereign, and their reasons have merit.

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The "New" South Africa Is Now a Newly-Failed State: Don't Look for Things to Improve

Bureaucracy and RegulationPoliticsSocialismWar and Foreign Policy

Blog02/13/2024

While South Africa’s political authorities pursue genocide accusations against other countries, those same leaders are destroying the nation’s economy and basic infrastructure. This is a failed state.

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Javier Milei Understands the Road to Serfdom

AntipoliticsHayekLibertarianismSocialism

Blog02/12/2024

Javier Milei is trying to undo the damage created by nearly a century of socialism in Argentina. Mises, Rothbard, and Hayek were good teachers.

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Bank Crises and the Interventionist Spiral

The FedMonetary PolicyMoney and BanksInterventionism

Blog02/12/2024

As the US banking system becomes increasingly unstable, the calls proliferate for even more government intervention into banking and finance. People forget that it was government intervention in the first place that caused these crises.

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New Jobs Report: Full-Time Jobs Disappear as Fewer Americans Find Work

U.S. Economy

Blog02/10/2024

The jobs report is only something to brag about if one's definition of a strong jobs economy is one in which fewer people have jobs, full-time jobs are disappearing, and government jobs are a growing component of overall job growth.

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Do We Really Want to Go There? A Michigan Jury Endorses Vicarious Criminal Liability

LawLegal SystemPoliticsProgressivism

Blog02/10/2024

At the urging of a progressive prosecutor, a Michigan jury this week vastly expanded criminal law to convict parents of a school shooter who themselves had not broken the law.

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The Fed Claims the Banking System is "Sound and Resilient." The Banks' Balance Sheets Say Otherwise

The FedMonetary PolicyU.S. EconomyMoney and Banking

Blog02/10/2024

In a recent statement, the Federal Reserve declared that US banks are "sound and resilient," but a lot of markets, including real estate, testify to a very different situation.

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