Mises Wire

The Fed is losing record amounts of money, but in the magical world of money-printing, it‘s not a problem for the Fed. It‘s just a problem for the taxpayers.

In a post-Cold War world, there is an opportunity to find useful insights among even the New Right that Rothbard loathed. James Burnham‘s The Managerial Revolution produced important points about the relationship of government and business.

Since there is no genuine test of merit in government’s “service” to consumers, the bureaucrats have decided that the metric of success is commanding a bigger staff and a bigger budget.

The Southern secession from 1861-65 is portrayed as a “lost cause” by supporters and an act of evil by its detractors. Murray Rothbard argued that the Confederates were seeking freedom from political oppressors, just as their ancestors had done in the American Revolution.

Conventional progressive wisdom says that Nazism and Fascism were polar opposites to Communism. Yet, all of these totalitarian worldviews came from the same collectivist origins.

David Gordon revisits Richard Weaver‘s 1948 classic Ideas Have Consequences and finds that this volume has much to tell us today. This review takes us through Weaver‘s views on property rights and the welfare state, and he found the latter wanting.

Is Elon Musk’s DOGE taxpayer dividend proposal inflationary, or is it simply returning savings from government spending cuts?

The religious left today claims that Jesus was a socialist who was against private property and any kind of economic arrangement that smacks of capitalism. An investigation into Jesus‘s teachings and actions overwhelmingly contradicts that notion.

Just because a government’s constitution allows for dictatorship, that doesn’t mean that the dictator is therefore legitimate, moral, or that we must obey that constitution.

Either tariffs raise revenue from foreign imports or make imports expensive enough to protect domestic producers, not both. There is nothing magical about tariffs. They are taxes and they are paid by you.