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...
Monetary
Living in the World Hamilton Designed
by Dave Benner | Jan 19, 2023 | Featured Articles
Today [January 11] in 1757, it is generally believed Alexander Hamilton was born. As John Adams put it, he was “the bastard brat of a Scottish peddler.” Born out of wedlock on the British isle of Nevis, Hamilton would become one of the most influential political...
David Stockman’s Explainer to the 2023 Economy
by David Stockman | Jan 12, 2023 | Economics, Featured Articles
You can count on the knuckleheads at Bloomberg to start off the year with still another dead-wrong proposition. That is, more nonsense about the “strong” labor market—-one so strong that it is purportedly even defying the mighty Fed. The latest US employment report is...
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...
Cops Killed More Than 1,100 People in 2022, Deadliest Year on Record
by Matt Agorist | Jan 4, 2023 | Criminal Justice, Featured Articles
As 2023 begins, American police polish off another deadly year, ending 1,176 lives in 2022. This number is a new record for police killings in America and yet still, it is set to increase by one, on average, every 8 hours. Since 2018, cops in America have killed 5,668...
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...
Omnibus Bill Shows Congress’ Priority Is Not Americans
by Ron Paul | Dec 28, 2022 | Featured Articles, Foreign Policy, Politics
Those hoping for a Christmastime government shutdown were once again disappointed when Congress passed a 4,000-page, $1.7 trillion omnibus appropriations bill that few, if any, Representatives and Senators read before voting on. The Republican leadership celebrated...
Blog
Professors, W. Post Call Out NYT for Oct 7 Mass-Rape Hoax
Another disgrace for the Charlie Savage Times.
Israel’s Amazing Feat
Israel has accomplished quite a feat: its crimes against the people of Gaza are of such a large scale that they make Hamas's Oct. 7 crimes look small.
Pentagon Follies: Accounting for DEI Expenditures
Inclusion, Equity and Diversity (IED) is communism in blackface. This viral contagion has raced to the top of government bureaucracies and, of course, facilitates a race to the bottom in quality and competence. The wizards at the Pentagon who have yet to account for...
A Soho Forum discussion of COVID with Tom Woods
https://www.youtube.com/watch?v=fKzl5CngE5Q Check out Tom's great book, Diary of a Psychosis.
US Abrams Tanks Withdrawn from Fighting in Ukraine
Five four million dollar tanks up in smoke. They'll make every excuse they wish but the days of manned tanks are over. Ukraine has lost five Abrams tanks in recent months, The New York Times reported this month, citing an unnamed senior US official. At least three...
The Aircraft Carrier is the Crossbow and Chariot of the Modern Age
The US Navy, of course, is desperately trying to get authorization to build more Ford-class carriers. Ironic that they name the carrier after a violence broker famous for being rather clumsy and unable to navigate around. The first of class doesn't work properly: it...