Community and Civil Society over State
Raghuram Rajan has written a surprising book. Now teaching finance at the University of Chicago, he is an international bureaucrat in good standing, and not a minor one at that; …
Mises Wire
The Never-Ending Battle between Leviathan and Liberty
The notion that Americans will always be free is part of the catechism that is force-fed to public school students. For hundreds of years, philosophers, politicians, and reformers have touted …
Why a Green New Deal Is More Expensive Than Joe Biden Realizes
Wind and solar power can work well when placed in an ideal location. Much of the time, however, these projects require a lot of fossil fuel to produce, but then …
A $15 Minimum Wage Would Be a Huge Blow to the Small Business Economy
Opening and running a business has never been easy, but this past year has been particularly challenging for the nation’s entrepreneurs—those who represent the “driving force” of our economy, as …
Why Is Economic Journalism So Bad?
Niall Ferguson holds a PhD in philosophy from Oxford, taught history at Harvard and NYU, and wrote perhaps the definitive biography of Henry Kissinger. So, naturally, Bloomberg hired him to …
Economics vs. Politics
[This article is excerpted from chapter one of The Rise and Fall of Society.] It may be that wary beasts of the forest come around to accepting the hunter’s trap …
What the Shipping Container Shortage Reveals about US-China Trade
Despite the record unemployment rate, widespread hardship to businesses, strains on the healthcare system, political turmoil, and general disruption to daily life in 2020, US consumers have managed to ramp …
In Some Countries, Lockdowns May Be the “New Normal”
While some countries in Europe are showing signs of lifting all restrictions soon, Ireland’s so-called leaders are telling citizens it cannot be guaranteed that they’ll even be able to holiday …
MMT Is Fake Economics
In this era of monetary fiction, one tends to read all types of undocumented and misguided views on monetary policy. However, if there is one that really is infuriating is …
Moral Courage and the Austrian School
When economic crises hit, most pundits and intellectuals never see it coming. That is because they have never learned the lesson that Bastiat sought to teach, namely that we need …