The PPI Again!
Mark takes another look at the Producer Price Index.
Mises Wire
Climate Worries Are Non-Credible, Luxury Beliefs That Harm Civilization Itself
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.
Renato Moicano Cares About His Country More Than Sohrab Ahmari
Ryan and Tho discuss Renato Moicano's viral Mises moment and the backlash it received from pundit Sohrab Ahmari.
Tariffs Are Taxes on Americans—But Protectionists Pretend Otherwise
Tariffs are nothing more than taxes, which means that protectionists believe high taxes create prosperity. This is an absurd claim.
The Tiny Island That Serves As a Tripwire for War between the US and China
Lying between Taiwan and Mainland China, Kinmen Island would almost surely be the first place Chinese armies would land if they were to invade Taiwan. Kinmen also serves as the tripwire to bring the US into a China-Taiwan conflict.
Murphy’s Exposé on Money and Banking
George Ford Smith reviews Robert Murphy’s book Understanding Money Mechanics. Murphy, he writes, both explains money and why fiat money is such a dangerous thing in the hands of governments bent on grabbing power and abusing citizens.
Social Security and the Decline of the Employer Pension System
While Social Security is not exactly a pension system, it has had a negative effect on private pension plans and has discouraged people from engaging in long-term savings. In the end, its negative effects outweigh the positive ones.
Classical Liberal Roots of the Marxist Doctrine of Classes
Few ideas are as closely associated with Marxism, writes Ralph Raico, as the concepts of class and class conflict. But the concept itself, with a more realistic understanding, originates in liberal theory.
Murray Rothbard Understood the Importance of Self-Ownership
As Murray Rothbard noted, reason is a powerful tool to help us discern how to thrive in our world. Government, through propaganda and interference with education, seeks to stifle reason and replace it with obedience to the state.
Iran’s Attack on Israel Provides an Opportunity to De-escalate
Recent Iranian missile strikes on Israel in response to its earlier attack on the Iranian consulate in Syria have escalated the prospects of all-out war in the Middle East. There is an alternative to expanding the war: de-escalation.
