Mises Wire

In spite of its relentless public relations efforts claiming the opposite, the Fed remains a leading reason for the impoverishment of working-class and middle-class families. 

We have a great inheritance. It is also unique. When you help the Mises Institute, you help an educational organization that has no peer.

[Originally published November 2013]

The problem with Biden’s Protecting the Right to Organize (PRO) Act is that it would help unions at the expense of the vast majority of American workers.

In recent decades, Chile set itself apart from the rest of Latin America with successful market reforms and a stable political system. Average Chileans prospered. But now that's all at risk. 

Government bureaucrats have their own standards for declaring when a pandemic has "officially" ended. But the de facto ending comes when the public stops paying attention. 

The slogan "taxation without representation" implies that taxation with representation is both possible and moral. But the idea of political representation is fraught with errors.

The trouble with China’s new five-year plan is that it attempts to solve problems while leaving their underlying structural causes unaddressed. In this it is not unlike the final Soviet five-year plans of the 1980s.

Most regimes in favor of strict lockdowns in Western Europe now have some of the highest covid death rates in the world. And now prolockdown eastern Europe is headed in the same direction. 

In a classic "bootleggers and baptists" scenario, it looks like pharmaceutical companies are calling for greater regulation of kratom, which is viewed a potential competitor to patented drugs.