Mises Wire

It's important to note that when state intelligence and security agencies fail spectacularly, their budgets and personnel increase. Nobody gets fired, nobody apologizes. On the contrary: military, security, and intelligence  bureaucrats use events like terror attacks to demand more money, more power, and an expanded mission. This represents the very antithesis of how markets should operate, where failures are swiftly punished and non-performing actors are sent into bankruptcy. Is there something magical about state-provided security apparatus that forces us to accept this? 

The solution is to reject the militarists and isolationists. It is to finally reject the policy of using “regime change” to further perceived US and western foreign policy goals, whether in Iraq, Libya, Syria, or elsewhere. It is to reject the foolish idea that we can ship hundreds of millions of dollars worth of weapons to “moderates” in the Middle East and expect none of them to fall into the hands of radicals. 

Student loan debt is climbing steadily, but since 2009, the federal government's share of that debt has skyrocketed.

Please see the announcement below regarding Baylor University’s new PhD program in e

When French President Francois Hollande declared this week that France is "at war," this could only possibly have been news to people who weren't paying attention. Of course, France is at war.

As the horrific events unfolded last Friday in Paris before a world stage, we, the audience, sat in stunned silence as waves of helplessness washed

After the 9/11 Attacks, American politicians invented the “they hate us because we’re free” explanation of why the US was a targe

Much of the immigration we witness today is not a result of market outcomes, but are government-subsidized migrations. Libertarians defending these mass migrations as if they were market phenomena are only helping to discredit and undermine the true free market.

Two well-known historians, in a just published history of the United States, show gross ignorance of US-French relations in WWII.

This week, the dangers of the authoritarian PC culture was driven to the forefront of the national conversation by students at Mizzou. Fortunately, Mises Scholars launched a pre-emptive strike against PC and the degenerating university system at last weekend's Mises Circle in Phoenix.