Mises Wire
Biden’s Middle East Policy Puts Americans at Risk
The Biden administration’s Middle East policies are going to produce the same kind of blowback that led to the 9/11 attacks. The more reckless Biden becomes, the more American lives are placed at risk.
A Field Guide to Dubious Fact-Checking
Fact-checking has become a veritable industry in the media. However, the conclusions of “fact checkers” mysteriously seem to align with the opinions of elites. That’s their story, and political, educational, and social elites are sticking to it.
Rethinking Keynesian Theory: Debunking Interest Rates and Inflation Myths
Because Keynesian theory has triumphed in the economics world, people are subject to the worst kind of government intervention in the economy. Debunking Keynes is the first step toward economic sanity.
Government Banks Would Be a Dangerous Tool for Progressive Ideologues
Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez have introduced legislation to create government-owned banks, ostensibly to “increase accountability.” In truth, the banks would exist to fund progressive causes.
Bye Bye Willie: The Political Rent-Seeker
Intellectual property laws provide another example of how government stifles innovation and competition.
Social Media Should Not Be Blamed for the Consequences of Democracy
Social media tends to be blamed for the overall nastiness of public discourse. Instead of condemning this form of communication, condemn the fuel that feeds this conflagration: democracy.
Bastiat versus MMT
One doesn’t need to search modern economic literature to take on the MMT crowd. Just read Bastiat.
Government Employee Pensions Are Underfunded. Taxpayers Will Make Up the Difference
Government employees generally have sweeter pension plans compared to private-sector employees, but government pensions are purposely underfunded. No worries for government employees: taxpayers will pick up the slack.
“Humanitarianism” as an Excuse for Colonialism and Imperialism
Humanitarianism served as an excuse for colonial rule over "backward" natives and provincials for centuries. The elites of the imperial governments insisted only they could provide enlightened government. Today, the same thinking lives on among countless advocates for centralized government and foreign intervention.