Mises Wire

It’s hard to be optimistic about a Biden administration with so many hyperinterventionist Obama retreads. Get ready for new wars and "regime change" operations. 

The power to incinerate a billion or more human beings over morning coffee remains in the power of the president. This morning Biden supporters on Twitter were ecstatic over the video of the nuclear launch equipment being handed over to Biden.

America’s founders did not envision the federal government as the domineering senior partner in almost everything. What was once best described as “sovereign States, united solely for specified joint purposes” has been largely eviscerated.

As a result of past reckless fiscal and monetary policies the pool of real wealth could be declining. If so, stagflation will result. 

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. 

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.