The Madness of Taxing Unrealized Capital Gains
President Biden’s proposal to require roughly 700 U.S. billionaires to pay taxes annually on unrealized capital gains has garnered wide support by Democrats as another step to make the rich pay for the uncontrolled spending by the federal government. House
Digitalization Could Move Medical Care beyond “Government Healthcare”
Government healthcare is centrally planned healthcare. Innovations in the decentralized "digitalization" of medicine could finally move medicine back in the direction of markets. Original Article: "Digitalization Could Move Medical Care beyond 'Government Healthcare'" This Audio Mises Wire is generously sponsored by Christopher
How Media and Tech Elites Seized Control of Elections
Rigged! How the Media, Big Tech, and the Democrats Seized Our Electionsby Mollie HemingwayRegnery Publishing, 2021, 432 pp. Mollie Hemingway, an editor of the online magazine The Federalist, calls our attention in this well-researched book to a problem of vital significance.
Election 2021 Autopsy: Dem Disaster in VA
"Let's Go Brandon!" scored an early win in Virginia, and hurt Democrats in New Jersey. Suburban voters seem to hate Critical Race Theory in schools more than they disliked Donald Trump, even as the corporate press dismissed it as a
Employer Vaccine Mandates: When the Feds Pay the Piper, they Call the Tune
Advocates for vaccine mandates—led by the Biden Administration—are apparently unconcerned that the mandates are likely to drive down total employment and reduce access to government services. In many cases these are the same services that mandate-pushing politicians have always insisted are utterly
Thanks to Central Banks, the Old Investment Rules Don’t Apply Anymore
Thanks to central banks' easy money policies, historically low interest rates and a desperate search for yield have created new danger zones for investors trying to stay out of trouble. Original Article: "Thanks to Central Banks, the Old Investment Rules Don't
What “Inflation” Really Means
Most commentators label increases in the prices of goods and services over a period of time as inflation. Ludwig von Mises however, held that the popular definition of inflation is erroneous. He wrote in Economic Freedom and Interventionism (p. 99), Inflation,
Why Interventionist Economists Love to Talk about Externalities
Step 1: claim that only government can solve the problem of "externalities." Step 2: claim that externalities are everywhere. Step 3: send in bureaucrats to solve every "problem" caused by externalities. Original Article: "Why Interventionist Economists Love to Talk about Externalities" This
Pope Francis Blames Capitalism for World Hunger, Yet Again
Last month on “World Food Day,” Pope Francis yet again graced us with some economic words of wisdom in three tweets, effectively blaming free enterprise and capitalism for the continued existence of world hunger: The fight against hunger demands we overcome the
Resist the Unique Patient Identifier!
If people who torture animals are psychopaths, then what are government officials who use taxpayer dollars to fund animal torture? Many are asking this question in the wake of revelations that the National Institute of Allergy and Infectious Diseases, headed