Decentralization, Freedom, and Peace Are the Pillars of a Free Society
[This article is the foreword to Breaking Away: The Case of Secession, Decentralization, and Smaller Polities, by Ryan McMaken, available in PDF, at the Mises store, and on Amazon.] Classical liberal tradition defends the right of secession on many grounds. One
As the Pentagon Fails Another Audit, Congress Wants to Spend Even More on “Defense”
America's military technocrats (a.k.a. "generals") specialize in losing wars and also losing your money. Naturally, Congress wants to give them even more taxpayer cash. Original Article: "As the Pentagon Fails Another Audit, Congress Wants to Spend Even More on "Defense"" This Audio Mises
Should Christians Hate the State?
On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Derek Dobalian, a California-based attorney, LewRockwell.com contributor, and a friend of the Mises Institute. This week's episode looks at the role Christianity has historically played in
Keynesian Policies Gave Us High Debt, Inflation, and Weak Growth
The evidence from the last thirty years is clear. Keynesian policies leave a massive trail of debt, weaker growth and falling real wages. Furthermore, once we look at each so-called stimulus plan, reality shows that the so-called multiplier effect of government
Paul Pelosi Is Attacked, So Naturally the Capitol Police Want More Money
Following the attack on Paul Pelosi, the Capitol Police office has demanded a big budget increase. This is not to increase safety but rather to increase the agency's bureaucratic reach. Original Article: "Paul Pelosi Is Attacked, So Naturally the Capitol Police Want
Father Time vs. Central Bankers
An excellent new book from Edward Chancellor, The Price of Time, sets out to explain both the theory and history of interest rates across five millennia and countless cultures. The theory is frequently bungled by economists; the history is frequently glossed over by historians.
Leviathan Devours Free Range Entrepreneurs
“It is not Wisdom but authority that makes a law.” -- Thomas Hobbes That meal, guest or package that came to your front door this month is
In Jamaica, the Tourists Party On behind High Walls and Locked Gates
High time preferences also mean high times in a party atmosphere. When Jamaica embraced socialism many decades ago, it wasn't supposed to come to this. Original Article: "In Jamaica, the Tourists Party On behind High Walls and Locked Gates" This Audio Mises Wire
Capitalism Does Not Create Social Inequality
Quite often, the hot-button issue of income inequality is caricatured as an outcome of capitalism rather than as a characteristic of all societies across time. Critics of capitalism have a rather romantic version of precapitalist societies. This error stems from
Real Wage Growth Falls for the Twentieth Month as Biden Celebrates Seven-Percent Inflation
The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in 12 months. According to the BLS, Consumer Price Index (CPI)