Mises Wire

Raising the debt limit will only delay the inevitable while courting fiscal and monetary chaos: higher interest rates, cuts to social programs, a declining dollar, and price inflation. 

Just as Mises warned, interventionism succeeded where communism failed, successfully toppling governments around the world that never had true respect for property rights.

"American media are divided into “respectable” and “non-respectable” media. Respectable media, which are the only ones that are read by the American political elite, and presumably are all that filters down to European readers, are completely biased in favor of social democracy." — Murray Rothbard, 1992

Data analysis can establish some information about correlations. But good thinking about causation only comes from sound logical economic theory. 

The crisis may change, but their answer will remain the same: the sacrifice of our freedom to the whims of would-be central planners. We must keep lit the torch that Ludwig von Mises has passed down to us.

In the face of an “invisible enemy,” many Western nations have implemented emergency measures that were once considered dystopian and wholly incompatible with liberal democracy. 

Instead of spreading “democracy” by bombing foreign nations, America will be spreading “health” by delivering vaccines produced by untouchable pharmaceutical conglomerates.

Justin Trudeau won with a weak "victory" in Canadian elections last week, but he nonetheless claimed a "mandate" for vaccine passports and huge increases in federal spending. 

Let's stop pretending default is unprecedented. The US defaulted on debts in 1934 and again in 1979. Today it engages in de facto default through financial repression and monetary inflation.

It was a bloodless coup d’état. The Federalists, by use of countless dirty tricks, had managed to defy the wishes of the majority of the American people and create a new constitution.