New York City Subways: The Woes of Socialist Enterprises
New York City’s subways have become a nightmare, with rampant crime, delays, derailments, and poorly capitalized. This is a gift from "backdoor socialism." Original Article: "New York City Subways: The Woes of Socialist Enterprises" This Audio Mises Wire is generously sponsored by Christopher
We Cannot Interpret Economic Data Unless We Know Economic Theory
Most economic commentators believe that historical data is the key in assessing the state of the economy. Thus, if a statistic such as real gross domestic product or industrial production displays a visible increase, then the economy is stronger. Conversely,
Spooner: We Didn’t Consent to the Constitution
The number who actually consented to the Constitution of the United States, at the first, was very small. Considered as the act of the whole people, the adoption of the Constitution was the merest farce and imposture, binding upon nobody. The
America’s Secret Government by Proxy
While we often concentrate on government agents' antiliberty actions, it is easy to overlook the shadow government of private business firms and NGOs that do the government's bidding. Original Article: "America's Secret Government by Proxy" This Audio Mises Wire is generously sponsored by
By Compensating Slave Owners, Great Britain Negotiated a Peaceful End to Slavery
The 2018 announcement that the British government completed the payment of a loan that was borrowed to compensate slave owners for the abolition of slavery continues to evoke a flurry of emotions. Many find it outrageous that the British government would
Defining and Defending Freedom
Original Article: "Defining and Defending Freedom" This Audio Mises Wire is generously sponsored by Christopher Condon.
Inflation, the Price Level, and Economic Growth: Everything the Elites Tell You about It Is Wrong
Fundamentally, inflation is fraud. The central government or bank printing more money lessens the value of the money already in circulation. A truckload of sand isn’t particularly valuable in Saudi Arabia. An increased supply of money means ultimately that prices
Review: Progressive Conservatism: How Republicans Will Become America’s Natural Governing Party
Like many modern "conservatives," F.H. Buckley believes that America's future is conservative governance with a helping of government intervention, tariffs, and regulation. Original Article: "Review: Progressive Conservatism: How Republicans Will Become America’s Natural Governing Party" This Audio Mises Wire is generously sponsored by
Mandatory Vaccines vs. Logic and Kantian Ethics
The case in favor of mandatory vaccines rests upon faulty logic and violates ethical principles. A vaccinated person protects himself to the extent of the vaccine’s capability, which may be close to 100 percent, as in the case of polio
Why I Love “Price Discrimination”
Mainstream economists say everyone should pay the same price for the same good. But that doesn't totally make sense. Original Article: "Why I Love "Price Discrimination"" This Audio Mises Wire is generously sponsored by Christopher Condon.