Mises Wire

Washington now faces a double threat: a worsening employment situation and a worsening fiscal situation. Get ready for the Fed to embrace a new cycle of monetary inflation soon. 

Inflation isn’t just about higher prices. It is how unwarranted increases in the money supply touches off wealth transfers from those who are less-well off to people who are close to the new injections of money into the economy.

M.E. Bradford, a self-described southern conservative, understood what leftist egalitarians did not: liberty cannot coexist with egalitarianism.

Inflation is not going away anytime soon, and it is ravaging the American middle class. Unfortunately, no one in Washington is interested in doing what is necessary to reverse this scourge.

Modern states are responsible for modern wars, with its millions of victims. Libertarianism is optimally placed to contribute to this understanding and shows the way to a more peaceful world.

The Trump admin keeps claiming that tariff revenues will bring deficits under control. That’s not going to happen. Trump spending is going up, and tariffs won’t fix this.

One of the reasons Charlie Kirk was considered "divisive" was that he spoke out against the civil rights laws, which was interpreted as his supporting Jim Crow segregation. Yet, these laws did not increase liberty but rather imposed a new progressive vision on Americans.

We can run society according to the rules of private property and freedom, or we can run it by bureaucratic decree, and the covid episode reminded us of just how important that choice is.

Philosopher Elizabeth Anscombe questioned the legitimacy of the state, but left open a possible justification for its existence. Dr. David Gordon examines Anscombe’s argument and finds it interesting but wanting.

Anarcho-capitalism isn’t a dystopian version of every man for himself. It is rooted in community, private institutions, and families.