Mises Wire

Dreams about “sound management” and “a return to fiscal responsibility” do little more than propagate the idea that central banks will do a good job so long as the right people are in charge.

Bernie Sanders and Alexandria Ocasio-Cortez have toured the country calling for massive government takeover of the economy and other socialist initiatives. For socialists, Sanders and AOC have become the new “Keepers of the Secret” of making socialism viable.

Sen. Ted Cruz was recently interviewed by Tucker Carlson, with Cruz advocating “regime change” in Iran. However, Cruz doesn‘t know enough Iranian history to make any qualified judgment on Iran or its people.

Surveillance technology along with expanded telecommunications erodes our ability to keep private things private. However, the growth of collectivist ideology makes this worse, since collectivists believe that all of life is political. 

Most supporters of the free market when Murray wrote MES supported a limited state, but Murray wanted to get rid of the state altogether. This was too much for the Cold Warriors.

Why is the Trump administration levying tariffs? Are they for tax purposes? Protecting domestic industries? Bargaining chips for international deal making? The administration and its supporters have floated mutually-exclusive reasons for these policies, making the confusion worse.

During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 million people who file tax returns.

The United States is dangerously close to entering yet another war in the Middle East. But this one has the potential to be a lot costlier for the American people while remaining just as unlikely to bring about peace and stability in the region.

Trump says he wants the US central bank to be more like the European Central Bank which has been more aggressively forcing down interest rates in recent months.

Despite Trump‘s campaign promises and despite DOGE‘s so-called reputation of cutting government waste, the new administration is spending money faster than the supposed spendthrift Biden administration. This is Machiavellianism at its best.