Mises Wire

A repeated pattern of close elections accompanied by threats of violence (or actual violence) is a sign that something is wrong with a nation's political system.

Fighting erroneous socialist doctrines is not a special interest of a single class but the cause of all; everyone would suffer under the limitation of production and of progress entailed by socialism.

Probably no other belief is now so much a threat to liberty…as the one that democracy, by itself alone, guarantees liberty.

Economic realities mean the socialist state would need to utilize the same method of discounting wages as capitalists do. The only difference is that under socialism, bureaucrats would do the "exploitation."

Bizarrely, people from Paul Krugman to Tyler Cowen seems to think that libertarians rule the world and that everything that has gone wrong is libertarians’ fault.

Kenneth Arrow showed in 1951 that the entire project of social choice theory rested on quicksand.

The new "right to repair" measure on the ballot in Massachusetts has very little to do with rights, and a lot to do with new costly and bureaucratic mandates on automakers. 

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?