Mises Wire

Father Frost (the Soviet Santa Claus) asks: "To whom do we owe all the good things in our socialist society?,” to which, it is said, the children chorus the reply, "Stalin."

Financial bubbles, which used to be rare, have become a way of life, thanks to a quarter century of easy money policies from the Federal Reserve System. We need to better understand how bubbles form and why they are so harmful.

Murray Rothbard properly noted that the predatory state needs its “court intellectuals” to legitimize its predations. American higher education is happy to provide them.

Richard McDaniel interviews Paul Gottfried, getting his perspective on wokeness and other shenanigans and hijinks that are coming from modern American higher education.

“Political globalism” bears the unmistakable signature of an oligarchized democracy.  No matter how we vote, a small elite manages to get its way on its central issues. 

The modern western society is built upon the welfare state, yet it is that very welfare state that is undermining the social fabric. It is time to recognize the damage the welfare state is doing and put a stop to it.

This week, Dr. Gordon explores some of the thought of Thomas Nagel on reason and how subjectivists who deny objective reason are inviting us not to believe them through their arguments.

Instead of market competition, inflation forces young and old into rivalrous competition for housing.

Libertarian Literary and Media Criticism is a welcome addition to a field long starved for alternatives to Marxist approaches. 

American journalists and academics have invented a fairy tale in which “free market orthodoxy” has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again.