An American Fight in Ukraine Brings Big Costs, No Benefits
If there was one thing that predictably united the usually squabbling Roman elite, it was the emergence of a perceived threat to Rome’s Mediterranean and near-continental hegemony. To some degree, however difficult to calculate, it is impossible to deny that
Rising Rents and Cheap Money Flowing—So Apartment Prices Are Soaring
Fannie Mae is helping ensure easy money flows to apartments. That means multifamily prices are heading skyward like asset prices overall. Original Article: "Rising Rents and Cheap Money Flowing—So Apartment Prices Are Soaring" This Audio Mises Wire is generously sponsored by Christopher
San Jose’s Gun Tax Has Nothing to Do with Reducing Crime
California politicians say "gun owners should cover the costs of gun violence." Apparently, holding actual criminals responsible for their own misdeeds is too much work in California. Original Article: "San Jose's Gun Tax Has Nothing to Do with Reducing Crime" This Audio
Woke Capitalism Is a Monopoly Game
In 2018, Ross Douthat of the New York Times introduced the phrase “woke capital.” Essentially, Douthat suggested that woke capitalism works by substituting symbolic value for economic value. Under woke capitalism, corporations offer workers rhetorical placebos in lieu of costlier
3 Ways Biden’s Election Was a Good Thing
In this episode, Ryan McMaken and Tho Bishop consider the counterfactual of what would have happened if Donald Trump were still president. What would the political landscape look like if it were a Republican administration dealing with historic unemployment? How would
The Myths of Reaganomics
I come to bury Reaganomics, not to praise it. How well has Reaganomics achieved its own goals? Perhaps the best way of discovering those goals is to recall the heady days of Ronald Reagan's first campaign for the presidency, especially before
Elections Now Decide Who Can Operate Your Car
With the approval of Biden's infrastructure bill, it now turns out the US government is even in control of a "kill switch" that could disable your car if you are deemed "impaired." Likely few voters realized the 2020 election was
The Corrupt Bargain and the Jacksonian Revolution
The election of 1824 pits the Old Republicans against the entrenched interests of one-party rule in America. In this episode of Liberty vs. Power, Dr. Patrick Newman and Tho Bishop discuss the collapse of the first party system of the
The Growing Pile of Public Debt Shows that Inflation Is Here to Stay
After more than a decade of subdued consumer price inflation despite gigantic monetary and fiscal stimuli, last year’s surge in consumer prices took most central banks by surprise. First, they tried to dismiss it as “transitory” and caused by pandemic-related