Due Process on Campus Keeps Justice on the Streets
Politics moves from campus to Main Street. The next political attack is likely to be on due process—the foundation of Western justice itself. Much depends on which side of the current debate on campus sexual misconduct hearings wins. Does a
The State of Modern Economics
Peter G Klein is Carl Menger Research Fellow of the Mises Institute and W.W. Caruth Chair and Professor of Entrepreneurship at Baylor University’s Hankamer School of Business. He is also senior research fellow at Baylor’s Baugh Center for Entrepreneurship and
Thanks to the Fed, the High-Risk, Small-Time Borrower Is Becoming a Thing of the Past
The central bank has basically destroyed the business of risk, and commercial real estate remains a looming disaster. As a result, banks aren't lending to regular people. The economy increasingly relies on little more than newly printed money. Original Article: "Thanks
The Fed Embraces Its Inner Zimbabwean
May is on its way, and the old investment saw, “Sell in May and go away,” will be tested once again. Jared Blikre, writing for Yahoo Finance, provides the history behind what may or may not be good advice. “The full axiom was
The US Recovery Is Weak, Especially Given the Size of the “Stimulus”
It seems that governments want to convince us that they have saved the world when the reality is that the misguided lockdowns were the cause of the economic debacle and lifting them is the main cause of the recovery. Original Article:
Three Reasons Why the Biden Tax Increase Makes No Sense
Anyone who believes the “rich” and large corporations will pay for $28 trillion in debt or the $2 trillion in new deficit has a real problem with math. Biden’s announcement of a massive tax increase on businesses and wealthier segments of the population simply makes
Decentralization, Absolutism, and the Papal States
[The Pope Who Would Be King: The Exile of Pius IX and the Emergence of Modern Europe by David Kertzer Random House, 2018 xxx + 474 pages] Historian David Kertzer made a name for himself with his 1997 book The Kidnapping
No, Dogecoin Does Not Compete with Bitcoin
Medium of exchange and store of value are very different products. Original Article: "No, Dogecoin Does Not Compete with Bitcoin" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
What Happens When Governments Force Corporate Boards to Appoint More Women
A controversial new law in California requires publicly traded companies headquartered in the state to include at least one woman on their board of directors. Supporters of those types of laws even contend that gender quotas could boost firm profitability. However, the
Not Even Gretchen Whitmer Wants More of the CDC’s Lockdowns
The political climate that fostered panic and lockdowns a year ago is now changing. Legislatures are turning against governors and the public is no longer hysterical with fear. Politicians aren't sure what to do. Original Article: "Not Even Gretchen Whitmer Wants