Mises Wire

What Can We Learn from the Latest Pentagon Audit? Both Plenty and Not Much

Big GovernmentCorporate WelfareCronyism and CorporatismWar and Foreign Policy

Blog02/09/2024

Another Pentagon audit, another massive failure. But the Pentagon's problems are not just simple accounting. They reflect the reality of an unaccountable rogue empire that tries to prop up the US empire.

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"Nonsense on Stilts": The Rhetorical Cornerstone of the American Welfare/Warfare State

World History

Blog02/09/2024

In his new book, Paul C. Graham describes the 1789 Constitution as an attempted coup by the nationalists to consolidate power in the national capitol. At the constitutional convention Alexander Hamilton proposed a permanent president who would appoint all governors.

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The Dangerous Consequences of the German Historical School

History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and MethodologyPolitical Theory

Blog02/09/2024

While the German HIstorical School might not have the intellectual influence it once did, its doctrines caused enough damage to alter the direction of world history. And not in a good way.

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The Double-Edged Sword of School Choice

Big GovernmentBureaucracy and RegulationEducationTaxes and Spending

Blog02/09/2024

School choice would seem to have benefits, but as Thomas Sowell says: “There are no solutions. There are only trade-offs.” Enthusiastic “school choice” proponents forget that with government money comes government control.

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Vilfredo Pareto, Pessimistic Follower of Molinari

World History

Blog02/08/2024

Expanding mass support for socialism in the 1890s put a rude end to the optimism of laissez-faire liberals. Many saw that the twentieth century would put an end to the great civilization that had been the product of nineteenth-century liberalism. 

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On Decolonizing Property Rights

HayekMedia and CultureProperty RightsPrivate Property

Blog02/08/2024

While advocates of "decolonization" claim that property rights are a form of "Eurocentric imperialism," they also demand that results of economic prosperity that follow an ethic of property rights. "Decolonizers" cannot have it both ways.

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After Trump, Then What?

Cronyism and CorporatismPoliticsSocialismU.S. History

Blog02/08/2024

There will be life after Trump one way or another, but in the long run, it seems as though the ruling party always wins.

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Social Insecurity: It’s Not Wrong to be Concerned about Facts

Big GovernmentEconomic PolicyTaxes and SpendingU.S. Economy

Blog02/07/2024

Social Security is headed for reduced benefits, and no amount of political rhetoric or even tax increases will solve that problem. The numbers do not lie.

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