Mises Wire

While the German HIstorical School might not have the intellectual influence it once did, its doctrines caused enough damage to alter the direction of world history. And not in a good way.

School choice would seem to have benefits, but as Thomas Sowell says: “There are no solutions. There are only trade-offs.” Enthusiastic “school choice” proponents forget that with government money comes government control.

Another Pentagon audit, another massive failure. But the Pentagon's problems are not just simple accounting. They reflect the reality of an unaccountable rogue empire that tries to prop up the US empire.

Expanding mass support for socialism in the 1890s put a rude end to the optimism of laissez-faire liberals. Many saw that the twentieth century would put an end to the great civilization that had been the product of nineteenth-century liberalism. 

While advocates of "decolonization" claim that property rights are a form of "Eurocentric imperialism," they also demand that results of economic prosperity that follow an ethic of property rights. "Decolonizers" cannot have it both ways.

There will be life after Trump one way or another, but in the long run, it seems as though the ruling party always wins.

While US taxpayers pay billions for military missions around the world in the name of “keeping us safe,” the federal government fails to keep residents of the nation’s capital safe from violent crime.

Social Security is headed for reduced benefits, and no amount of political rhetoric or even tax increases will solve that problem. The numbers do not lie.

Political and economic elites predicted a doomsday scenario when Trump was elected in 2016, but the reality of his presidency didn’t come close to matching the apocalyptic rhetoric that accompanied it.

Year over year, the drop in money supply remains at Great Depression levels. Over the past six months, though, the total money supply has flattened, suggesting the liquidity is far more plentiful than the inflation doves would have us believe.