Mises Wire

With the world moving more and more in the direction of trade protectionism and war, it is worth remembering the origin of the fallacies upon which this movement is based.

In its attempt to claim that the concept of free trade is full of fallacies, The American Compass builds its anti-free trade case upon fallacies.

Murray Rothbard noted that the culture wars are not the result of conservative intransigence but rather of progressive elites’ insistence on forcing new cultural rules on people who don’t want to be coerced.

While neoconservativism as we know it has US origins, one of its versions is alive and well south of our border. Unfortunately, neoconservatism has made inroads in Latin America.

Commercial real estate in the USA is facing a major crisis which could not have been possible without the enabling of the Fed and the draconian restrictions imposed during covid. As commercial real estate prices collapse, the usual suspects call for even more bailouts.

Saudi Arabia considers de-dollarization as closer relations with Russia, Iran, and China create new incentives to break with old alliances and deals with Washington.  

The decolonization movement seeks to destroy both economics and science, all in the name of social justice. In the end, however, what they get is not justice and certainly not order, but rather chaos, and deadly chaos at that.

As AI continues to develop, the prophets of doom claim that it will “take over” and create a dystopian society. Far from being an “existential threat,” AI is a tool that can be used for good or ill.

Jonathan Newman joins Bob to respond to Robert Reich's new series on "economic myths."

Thanks to the war uniparty that controls Washington, Americans are mired in endless wars and military and political intervention. As Washington creates legions of new enemies, the future for average Americans grows uncertain.