Ratification: The Struggle For Massachusetts
As the epochal struggle for Massachusetts began, it was clear that the majority of the people of the state opposed the Constitution. Furthermore, in contrast to Pennsylvania where the Federalists had the important advantage of recently acquired control of the
Why Biden Wants a Cap on State and Local Tax Deductions
The SALT tax deduction allows state and local taxes—like property taxes—to be deducted from federal taxes. To cap it is to pave the way for the federal government to tax income twice. Original Article: "Why Biden Wants a Cap on State
Experts Said Ending Lockdowns Would Be Worse for the Economy than the Lockdowns Themselves. They Were Wrong.
The experts claimed that if any state ended its stay-at-home orders “prematurely,” its economy would become even more devastated than if it remained locked down. The experts were wrong. Original Article: "Experts Said Ending Lockdowns Would Be Worse for the Economy
Government Debt Is Starting to Look Almost as Sketchy as Payday Loans
If there is one thing every honest money-saving advisor would agree on, it's that a payday loan is a bad idea. Taking a high interest loan backed by nothing but your word to pay off your current account to fuel
Rothbard on Left, Right, and the Prospects for Liberty
Murray Rothbard's seminal 1965 essay "Left and Right: The Prospects for Liberty" reads every bit as well today as it did 50 years ago. Rothbard defines liberalism and conservatism against the backdrop of the European Old Order, and skewers the
Woodrow Wilson’s “Second Personality”
Wherever blame for the war might lie, for the immense majority of Americans in 1914 it was just another of the European horrors from which our policy of neutrality, set forth by the Founding Fathers of the Republic, had kept
Mortgage Companies Cash in on Pandemic Relief
“Mortgage companies have ramped up their purchases of government-backed mortgages in forbearance, and they are selling these loans back to investors at a profit.” Original Article: "Mortgage Companies Cash in on Pandemic Relief" This Audio Mises Wire is generously sponsored by Christopher
This Is a Weak Jobs Recovery
The United States’s jobs recovery is extremely poor, especially if we consider the size of the monetary and fiscal stimulus and the spectacular upgrade to GDP estimates. After a massive consensus increase in GDP recovery estimates to 6.5 percent in
McCloskey on Philosophy
Economists often concentrate on narrow technical specialties. In doing so, they sometimes fall into philosophical errors, because they uncritically take for granted assumptions that are philosophically mistaken or at least controversial. The most common instance of this is familiar. Many economists
Thanks to Federal Megaspending, the Trade Deficit Has Only Gotten Worse
The chronic US trade deficit is a direct result of the dollar’s status as the world’s main reserve currency and unabated monetary increases in government spending. More tariffs won't change that. Original Article: "Thanks to Federal Megaspending, the Trade Deficit Has