Here we go again. Every few years in Congress there is a purely political battle over the debt ceiling. We're supposed to be horrified and worried that the U.S. might default on some of its debt. Some commentators will insist the U.S. has never defaulted, and that...
Ludwig von Mises
Instead of Saving Face, Let’s Save Lives in Ukraine
by Joseph Solis-Mullen | Jan 18, 2023 | Featured Articles, Foreign Policy
Whenever asked about whether the U.S. will change its policy regarding the conflict in Ukraine, to start pushing for Kiev to enter negotiations rather than apparently providing as much money and as many weapons as they ask for, the Biden administration’s refrain has...
1/13/23 Hunter DeRensis on Defend The Guard in 2023
by Scott Horton | Jan 16, 2023 | The Scott Horton Show
Download Episode. Hunter DeRensis joins the show to talk about the year ahead in the effort to pass Defend the Guard legislation. DeRensis reviews what the legislation is and where it stands in state legislatures around the country. The two also discuss some recent...
Joe Biden Is Lying About the Jobs Numbers
by Ryan McMaken | Jan 11, 2023 | Economics, Featured Articles
The personal savings rate is near seventeen-year lows. Credit card debt is at record levels. Millions of prime-age workers have quit the job market, and full-time employment continues to wither. On the other hand, the Biden Administration wants you to think things...
Only a Virtuous People Can Sustain A Republic
by Jeffrey Wernick | Jan 10, 2023 | Featured Articles
Some claim we are a democracy. Others a constitutional republic. Many find it difficult to reconcile the differences. There are those who might agree that our rule of law is based around the Constitution, but completely disagree about how the Constitution should be...
Stop Confusing Globalization With Globalism
by Connor O'Keeffe | Jan 5, 2023 | Economics, Featured Articles
After the 2008 financial crisis, calls rang out across establishment publications and the executive offices of Wall Street that we were witnessing the death of globalization. The calls grew louder and more numerous after Brexit, the election of Donald Trump, the...
Learning Economics From the Catholics
by Connor Mortell | Jan 3, 2023 | Economics, Featured Articles
While the average person thinks economics begins with Adam Smith and his Wealth of Nations, readers of the Mises Wire know that the story goes back much further than that. Members of the Austrian school commonly describe their earliest intellectual predecessors, the...
Where Have All the Working Men Gone?
by Ryan McMaken | Dec 29, 2022 | Economics, Featured Articles
Last week, CNN featured a story called "Men are dropping out of the workforce. Here's why" The article went on to tell us virtually nothing at all about why so many men are leaving the workforce. Although as many as seven million men have stayed out of the workforce...
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Paul Krugman: The Dollar Can’t Collapse! Unless…
The scenarios under which Krugman says the dollar could collapse are not hypothetical. They are already here.
Taking It for Granted
"Capitalism, says Marx, unthinkingly repeating the fables of the eulogists of the Middle Ages, has an inevitable tendency to impoverish the workers more and more. The truth is that capitalism has poured a horn of plenty upon the masses of wage earners who frequently...
Taliban is Still on the Western Dole
However, the Taliban is the group handing out NGO licenses in Afghanistan. If a Taliban sympathizer asks for an NGO license, they get it. So, many of these groups send money directly to the Taliban or to support the families of suicide bombers. Legend also said...
The Miracle of Mass Production
"The fact that my fellow man wants to acquire shoes as I do, does not make it harder for me to get shoes, but easier." —Ludwig von Mises, Human Action
Against Rubio
Marco Rubio’s foreign policy vision is the antithesis of America First as he advocates for wars and increased military spending in Ukraine, the Middle East, and the Asia-Pacific. During the 2015/2016 GOP presidential primaries, Rubio was a fervent supporter along with...
Shame on You, Socialists!
American socialists not only pit workers against entrepreneurs; they also pit rich American workers against the poor workers of the rest of the world. Shame on you, socialists!
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