Mises Wire

The First World War was critical to boosting the influence of that child of progressivism and Wall Street corporatism: the Federal Reserve System. 

Puzder supports what is today called “enlightened shareholder values,” according to which shareholders want “woke” goals. 

We hear of many schemes to promote government "efficiency." The problem is that the very nature of government makes “efficiency” impossible.

When government agents intervene into the economy, they do so without even understanding how market processes work in the first place. This lack of knowledge makes things even worse, as regulators are not even aware of the damage they are causing.

In the early years, the pilgrims of Plymouth Colony adopted a 17th-century form of socialism and nearly starved to death. They had little to be thankful for until they gave up on dreams of utopia and turned to markets instead.

In this episode, Ryan McMaken takes a look at how the domestic and commercial rituals of the Thanksgiving holiday are things that communists really don‘t like. 

In 1923 Lenin released a propaganda pamphlet titled Down with the Private Kitchen. It explained how private dinners with one's family are reactionary, bourgeois, and generally something requiring total destruction. 

It is unlikely many of the Department of Government Efficiency's recommendations will ever be implemented. The value of the DOGE lies in how it exposes government waste. 

As we see from Jamaica‘s experience, attempts by the government to be entrepreneurial misallocate resources, waste money, and achieve poor results.

The court intellectuals who want conflict with China pose a grave threat to America.