Mises Wire

The president's SOTU speech has become an annual presentation of a new set of White House lies. But official Washington believes it is worse to publicly boo false statements than to make them.

Contrary to our elite media and political classes, the Chinese weather balloon was no threat to our well-being. However, the government's response to it made this a more dangerous world.

Why decentralize? One: small polities allow for more choice and opportunities for exit. Two: small is better for minorities when democracy fails. Three: small polities limit the power of aggressors.

For more than a century, the union of the Kingdom of Poland and the Grand Duchy of Lithuania made possible one of the most liberal societies to date. The commonwealth left much to emulate.

Considering the bond yields have only risen slightly, and that monetary overhang from covid is still huge, it’s difficult to be remotely confident that monetary conditions have been tight.

Robert Kagan believes that the US takeover of the Philippines was justified to "protect" that nation from predatory European powers. David Gordon emphatically dissents.

We have experienced an unprecedented increase in the standard of living throughout the world. But recent developments have been blocking progress for the past several years.

It's a myth that the "Founding Fathers" made America a republic in 1787. It was the state governments and their constitutions that did this. But the top-down myth glorifying the central government endures. 

The latest federal spending spree cannot be sustained. Even though Maine's government is controlled by Democrats, it is finding ways to cut. Washington should take notice.

Anticapitalist politicians claim intervention can "level the playing field," but when we look closely, we realize that government itself creates the imbalances.