Mises Wire

Will Biden/Harris be a transformative administration?

Expect opponents of secession and decentralization to start claiming that neither option is acceptable because any big change to the status quo could endanger American "strength" in foreign policy. Don't listen to them. 

It's not that we need to rid ourselves of the baggage of macrostatistics completely. Rather, we need to 1) critically assess whether they are appropriate, if so, 2) for what role, and finally 3) whether they are consistent as a tool we can use to tell the story we want.

What seems to me the great strength of Pankaj Mishra's new book is its demonstration that the atrocities of imperial conquest and rule prefigured the horrors of the European wars of the twentieth century and later wars of conquest as well.

The polarization reached a peak on January 6, but more peaks are sure to come. Perhaps this year, perhaps down the road. But they’re going to happen, and they could be much worse in the future.

Never trust a president's judgment when it comes to what constitutes freedom. The absurd presidential record on Medals of Freedom illustrates this well. 

Students have been denied in-person schooling. At the same time, millions of women—many of whom have children—have been thrown out of work. Suddenly, homeschooling became a much more viable and necessary option. 

Many observers of international affairs assume that larger, more populous states are necessarily more powerful. But the reality is wealth and economic development are the most critical factors in securing true military power. 

Foreign policy apparatchiks are adept at gaslighting the public into believing they’re bringing troops back home when in reality they’re either shifting troops around or just biding their time until a new round of "boots on the ground."

To offer a semblance of solidarity with the working class, wealthy leftists have substituted identity politics for class conflict, and attempted to recast economic problems as problems of racism or bigotry.