Mises Wire

Two days before Christmas, 1913, the infamous “creature from Jekyll Island,” the Federal Reserve System, was birthed into our body politic. It has been devouring the economy ever since.

There is clearly no need for formal instruction in "how to play," in "getting along with the group," in "selecting a dentist," and the multitude of similar ‘courses’ given in "modern education."

The economic doctrine of “externalities” has become an excuse for governments to intervene economically in heavy-handed ways, all in the name of “saving” the environment.

Sound economics and economic freedom have never been more crucial than today. With your help, we will continue fighting against the state and its tyranny.

The idea is now widespread that communities or groups exercise a form of collective thought, which can be duly expressed by the leader of the group as the thoughts of the group mind.

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.

“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. 

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