Mises Wire

Despite the welfare state, hunger is no longer a widespread problem in America. But to keep the narrative going, “hunger” officially became “food insecurity.”

Thanks to politics, confirmation bias, and bad monetary economics, central banks have a lousy record when it comes to economic forecasts. 

Many support democracy because for them the collective or “republican” liberty they favor far exceeds individual liberty in importance. Those of us who follow Mises and Rothbard will disagree.

Coups are nearly always acts committed by elites against the sitting executive power using the tools of the elites. It's clear the elites want Trump gone, and Wednesday's riot was no coup. 

Phishing for Phools provides confusion, and few benefits that go beyond age-old warnings to “be careful, someone might try to take advantage of you.” Many consumer advocates offer far more practical help.

Climate "science" now often amounts to little more than a smug proclamation from a TV personality and a demand that everyone vote for Joe Biden. 

There are few sacred cows in American politics more revered than the New Deal. Yet the New Deal did nothing to end the Depression and it still negatively impacts our economy today. Now we're being told the United States needs a new New Deal.

According to Brown, Hayek's position against mass democracy is not to be argued against but diagnosed. It is wrong because “democracy” is good—obviously.

Do we support the “occupation” of the Senate Chamber as an expression of righteous anger over the feeling that the election was stolen? Not really, because it will not achieve anything.

Consumers are indeed sovereign, but the reason consumers can exercise their sovereignty is that entrepreneurs have already borne the uncertainty of production to make the goods available for purchase.