The Fed Is Not “a Good Idea that Became Corrupt”: It Always Was Corrupt
There’s an idea rooted among some libertarians that the Federal Reserve was originally a sound institution but has grown corrupt. As a bankers’ bank, it was fine, they believe, but not as the monster it has grown to be. If
The US Chip Blockade against China Is Creating Unplanned Consequences
Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage. Original Article: "The US Chip Blockade against China Is Creating Unplanned Consequences" This Audio Mises Wire is generously sponsored by
How the State Seized Control of Marriage
Both the US Senate and the House of Representatives are expected to pass new same-sex marriage legislation in coming days. The legislation is expected to codify what is already de facto law in the US under the US Supreme Court's ruling
Deflation Is Not a Problem: Reversing It Is
The yearly growth rate of the Consumer Price Index (CPI) fell to 7.7 percent in October from 8.2 percent in September. Note that in October 2021 the yearly growth rate stood at 6.2 percent. Some experts are of the view
Evolution or Corruption?: The Imposition of Political Language in the West Today
Language is the perfect instrument of empire. —Antonio de Nebrija, Bishop of Ávila, 1492 Language is an institution in society. In both its oral and written forms, language functions as a mechanism for communication and as a cognitive tool. But language
Bans on “Assault” Weapons Do Not Reduce Crime
Biden wants to roll out yet another "assault" weapons ban. Supporters claim it will reduce crime, but it will do no such thing. Original Article: "Bans on "Assault" Weapons Do Not Reduce Crime" This Audio Mises Wire is generously sponsored by Christopher Condon.
Who Really Owns Big Digital Tech?
By now it should be perfectly clear that the most prominent Big Digital companies are not strictly private, for-profit companies. As I argued in Google Archipelago, they are also state apparatuses, or governmentalities, undertaking state functions, including censorship, propaganda, and
Relying on Experts: A Proven Path to Failure
American political, educational, and economic life is increasingly dominated by "experts." We should not be surprised that they fail most of the time. Original Article: "Relying on Experts: A Proven Path to Failure" This Audio Mises Wire is generously sponsored by Christopher Condon.
Who Pays Wealth Tax: The Rich or the Poor?
The Spanish government’s announcement that it plans to introduce a new “solidarity tax” on the wealth of those who possess over €3 million has again brought to the fore the debate about taxes levied on wealth and capital. The issue
Want to Protect Children? Don’t Embrace “Safetyism”
Earlier this year, Anna Hershberger had the cops called on her because she let two of her kid—ages five and almost seven—walk outside with a trash bag and pick up litter unsupervised. The cop who showed up didn’t arrest Hershberger