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.

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.

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.

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.

In case you doubted that California's politicians are firmly committed to ever-higher levels of taxation, California is now trying to retroactively impose sales taxes on out-of-state retailers going as far back as 2012.

The Nuremberg prosecutors wanted to indict the Nazis on trial for crimes, but at the same time they wanted to preserve the dogma that the modern European nation-state is the culmination of moral progress. This created a conundrum.