Mises Wire

If we are to achieve peace, we must get rid of those entities that create havoc even while strengthening themselves politically. In a word, we need to get rid of the Fed.

Harry Jaffa suggested that Americans should adopt a “civil religion,” with Lincoln as a quasi-divine figure. This, of course, makes the state into a quasi-divine institution. 

Marxism is seen by American and European intellectuals as being a sophisticated and legitimate set of theories that explains social problems in capitalist societies. Yet, the entire edifice of Marxism from “class conflict” to the Labor Theory of Value is nonsense.

Ryan and 'Crisis' magazine editor-in-chief Eric Sammons examine how many Christians pay too little attention to the true costs of war. Ryan and Eric also discuss the importance of Just War Theory. 

In Europe, the working poor subsidize the nonworking poor. Meanwhile, the welfare state is destroying worker productivity and limiting economic growth. 

While California politicians and the New York Times blame “climate change” for the disastrous wildfires in Los Angeles, the blame actually lies with those politicians themselves. Their policies have guaranteed that something like this would happen.

This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's two-percent price inflation goal.

Honduras is one of the poorest countries in the Western Hemisphere, but the free city of Próspera, located just of the Honduras coast, is anything but poor. Here, private property and free markets are the norm and Bitcoin is legal tender. Of course, the socialists want it shut down.

Insurance companies canceled coverage on houses in neighborhoods that later burned. Government officials blame climate change, but the real problem lies with state and local governments.

Washington may have to manufacture some reason explaining why secession is good for Greenland, but secession is awful when Americans try it.