Mises Wire

What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century.

Social justice is a nonsensical term that interferes with the attempts to find authentic justice. It is not about equality so much as it is about imposing outcomes incompatible with a free society.

When municipalities embrace new technologies, people often refer to them as “smart cities.” However, all too often these technological “revenue enhancers” are nothing more than shakedowns of local citizens.

In the wake of the Labor Party's huge win in Great Britain, one is reminded that Labor and Conservatives are far more united in their economic and policy viewpoints than they pretend to be.

Kamala Harris is more than a continuation of the Obama-Biden progressive interventionism at home and abroad. She's an acceleration. 

The United States abolished its first three central banks, and this was followed by a period of immense economic growth. End the Fed? We did it before and can do it again. 

For all the regime's talk about "democracy," it is clear at this point that the White House is run by unelected personnel who are accountable only to technocratic elites.

While Joe Biden's obvious dementia was the headliner of the June presidential debate, the foreign policy portion of the debate was nothing short of disastrous.

Under the regime of apartheid, South Africa's government engaged in legal discrimination. In the new South Africa, the government also engages in legal racial discrimination in the name of "equity."

The degrowth movement seeks to mitigate climate change by ending economic growth, which is really a move to engage in large-scale depopulation.