Why the 1787 Constitution Did Not Bring Republican Government to America
One of the many myths that schoolchildren are taught in the name of American exceptionalism is the idea that the Americans finally embraced a republican form of government at the Constitutional Convention in 1787. This, we are told, was revolutionary. The
Biden Survives the State of the Union
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop feel obligated to discuss the State of the Union address. Was anything of value learned? Tune in to find out. Also, join the Mises Institute in Tampa this month for
What Happens When Human Progress Takes a Break?
Life on Earth is gradually getting better in every way, shape, and form. Dark times—like the present—are the major reason why that’s a hard sell for most people; energy crises, inflation, wars, deficits, and pandemics seem to suggest that things
Do Correlations Help Define Money?
Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it. Original Article: "Do Correlations Help Define Money?" This Audio Mises Wire is generously sponsored by Christopher Condon.
Federal Government Spending Is Out of Control and Unsustainable. Maine Shows a Way to Reduce Spending.
The Biden administration has increased federal government spending by a record $3.4 trillion since January 2021. That includes such signature bills as the American Rescue Plan Act of $1.8 trillion, the Inflation Reduction Act of $50.6 billion, and the Infrastructure
Raise the Social Security Age to (at Least) 75
As life expectancy has risen, so have runaway costs. Raising the age won't make Social Security just, prudent, or wise. But cutting federal spending is always the right thing to do. Original Article: "Raise the Social Security Age to (at Least) 75" This Audio Mises
The Case of Adani versus Hindenburg
Between 2019 and 2022, the fortune of India’s Gautam Adani swelled from $9 billion to $127 billion. As the value of his seven publicly traded companies—providers of everything from natural gas to digital services—soared, he was briefly the world’s second-richest
Questioning the Military Necessity of Dropping Atomic Bombs on Japanese Cities
Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story. Original Article: "Questioning the Military Necessity of Dropping Atomic Bombs on Japanese
Does Government Create a “Level Playing Field” or Does It Make the Field More Uneven?
Bernie Sanders and other politicians have made socialism attractive to voters, especially young ones, because it promises to eliminate the injustices of capitalism. As to what socialism and capitalism mean, no one seems to care much, other than that by
Another Recession Sign: Part-Time Work Is Growing Faster than Full-Time Work
The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 517,000 jobs, which was well above expectations. The words used by the media to describe the report included