Mises Wire

More units of public debt mean weaker productive growth, higher taxes, and more inflation in the future. All three are manifestations of a slow-burn default.

Libertarianism is criticized on all sides, but a new criticism has emerged that claims libertarianism is little more than another form of critical theory. Like the other complaints, this one is based on fallacious thinking.

The academic world is supposed to serve as a beacon of enlightenment. Instead, as Wanjiru Njoya demonstrates, it promotes a failed liberalism.

Seditious conspiracy—like all conspiracy charges in American law—is essentially a thought crime and a speech crime. 

Biden has embraced the trade war. But, if protectionism actually produced competitiveness, American steel manufacturers would have become world leaders long ago. 

Ingrid Robeyns doesn't want to abolish markets and replace them with central planning. However, as David Gordon points out, her ideas on reducing inequality reflect the belief that progressives can create a fantasy world, state control without the consequences.

Mark takes another look at the Producer Price Index.

Almost all of the climate hysteria is driven by the “luxury beliefs” held by Western elites. Only the wealthiest can afford the effects of climate policy. 

Ryan and Tho discuss Renato Moicano's viral Mises moment and the backlash it received from pundit Sohrab Ahmari.

Tariffs are nothing more than taxes, which means that protectionists believe high taxes create prosperity. This is an absurd claim.