Mises Wire

The president wants to appear as a “scourge” of the ultrawealthy. But he has only been a scourge of the productive wealthy while remaining a dear ally of unproductive cronies.

Opponents of secession use a moral doctrine which justifies regimes' denial of the right of self-determination. These de facto colonialists tell us separatists are too backward and immoral to be allowed to govern themselves. 

Paul Krugman and other Keynesians believe that since workers are unemployed during a recession, government spending to employ them is costless. Instead of creating wealth, these make-work schemes destroy it.

While the ruling classes insist that money is whatever the government says it is, historically money has been gold. That has not changed even in the age of debased currency.

Congressional Democrats are trying to intervene in a complex and varied market they know little about but that consumers navigate without need of help. This will not end well.

The founders of the United States warned against getting entangled in foreign wars. Unfortunately, political elites today seek to expand the US empire, leaving death and destruction in their path.

Is the regulatory choice a tradeoff between safety or “breaking a few eggs” via free markets? The logic of allowing for free and unhampered markets is compelling.

Whenever governing elites create a new crisis, they insist that “we're all in this together.” It’s time to ignore their lies altogether.

What is different about the US's empire is that it has been fabulously successful. It is so successful, in fact, that the territories that used to be obvious colonies have ceased to have any distinct political identity. 

Progressives argue that free markets stand in the way of economic and racial equality. In fact, free markets are the only vehicle that can help make people more equal.