Mises Wire

Neither Congress nor President Trump speak anymore about a balanced budget. Instead, the Republicans and Democrats compete with each other to see who can spend the most.

The New York Times claimed in its 1619 Project that plantation slavery was the basis for American capitalism. However, research shows that the plantations were anything but capitalist enterprises.

History Professor Heather Cox Richardson has grown very wealthy using her writings to attack the creation of wealth itself. While her columns are popular, they also are filled with economic illiteracy. 

The revolutionaries include the pamphleteer writing in his study, the journalist, the agitator, the organizer, the campus activist, the theoretician, the philanthropist. 

The government “shutdown” and the so-called threat to the food stamp program may be abated for now, but we need to understand why this program has metastasized in recent years. James Bovard tells us why.

The liberal arts in higher education are in danger and many there are blaming (of course) free markets. However, by substituting progressive propaganda for higher learning, the leaders of liberal arts institutions sealed their own fate.

President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.

Total mortgage debt will increase as actual ownership in equity will go down. If homeownership does increase, it will be “ownership” of the sort where the homeowner has little to no actual equity.

For Rothbard, war was the most important political issue, and Pat Buchanan has always supported peace.

As Americans celebrate the destructive wars that helped shape this country, we also remember that free markets promote peace and individual liberty.