Mises Wire

Total job gains have now averaged a paltry 29,000 for the past three months. The job growth we do see is part-time work.

Red + green = brown. Mark Thornton shows how towering debt and easy money set the stage for hyperinflation.

The “woke left” and “woke right” are lumped together as two types of “woke.” But it is intellectually lazy and obscures truth to identify all opponents as the same because of superficial similarities.

In this week’s Friday Philosophy, Dr. David Gordon reviews Liberating Liberty; Life, Liberty, the Pursuit of Happiness and the Creator of Man by Bert Schwitters, praising the author's insights into the founding of the United States.

After being bamboozled by the fake crisis of “overpopulation” for a half-century, the nations with advanced economies are coming to grips with the “birth dearth” problems ahead of them. Not surprisingly, governments are compounding their earlier anti-population errors.

While libertarians, and many conservatives, often rightly discuss problems of government intervention, there is a counterintuitive category where the government simultaneously monopolizes, taxes, and refuses to provide promised services.

When most people speak of the founders of the United States, Thomas Paine rarely comes to mind. However, few men were more influential in rallying the American colonials to independence.

Profits and losses play an important role in a free market system. However, as government intervenes to protect politically-connected firms from losses, the entire market becomes distorted and less reliable.

President Trump’s attempts to remake federal agencies has generated fierce opposition from progressives, who believe that government led by experts can solve most of our problems. Reality tells us something different.

John Prince Smith, a British national who settled in Germany, led a free-trade movement in that country in the mid-19th century. Unfortunately, his movement ultimately was overpowered by the rise of Bismarck's Realpolitik.