Mises Wire

As we face a second wave of coronavirus outbreak in Europe, we know that the March measures and aggressive lockdowns were a grave mistake.

A very close or contested election would remind us that elections do not demonstrate "the will of the people" and that national unity is founded on some very fragile myths. 

Politicians love to present themselves as benefactors of mankind. In truth, they add nothing to the happiness and well-being of the voters they hope to exploit. 

If democracy is so fundamental, shouldn’t we all have a vote in every place we set foot, from Sunbury, Alaska, to Monaco?

When I feel the hand of power lie heavy on my brow, I am not the more disposed to pass beneath the yoke because it is held out to me by the arms of a million men.

Rawls claims equality is the default position and any departure from it requires justification. This is a trick that slants the debate in Rawls's favor. Anthony Flew didn't fall for it. 

If the current thinking continues, the world’s central banks will buy whatever paper governments issue. The result by the end of the decade will be a Federal Reserve balance sheet totaling $40 to $50 trillion. 

The feds claim the chicken industry is trying to exploit the consumer. Yet several decades ago, chicken was more expensive than beef, but thanks to industry efforts, chicken is exceptionally affordable now.

Private property is not a privilege merely of the property owner, but a social institution for the good and benefit of all, even though it may at the same time be especially agreeable and advantageous to some.

Here's one scenario the markets perhaps have yet to consider. Thanks to the Twentieth Amendment, it's possible to end up with Pence winning the White House and Harris becoming VP.