Mises Media

This key decision of the Continental Congress matters because the way a war is fought affects the outcomes; the choice to fight like a state means either losing or winning like a state. Original article: https://mises.org/mises-wire/charles-lee-alternative-george-washington-youve-probably-never-heard

According to the University of Michigan’s latest Index of Consumer Sentiment, a record number of Americans have negative views of the economy. This is yet more evidence that the American people are dissatisfied with their economic condition. Original article: https://mises.org/power-market/federal-reserve-why-people-are-unhappy

Time is a unique resource in economics because we cannot create more of it and are subject to its limitations. Ludwig von Mises and the Austrians understand the role of time in economic better than most other mainstream economists. Original article: https://mises.org/mises-wire/subjective-nature-time-bergson-mises

Thanks to the Fed’s creation of asset bubbles, the US economy is producing many billionaires. However, the savvy entrepreneur is becoming increasingly scarce. Original article: https://mises.org/mises-wire/great-disconnect-when-wealth-and-productive-ability-diverge

Can a communist system flourish under a liberal government? Bernie Sanders says yes, but Melanie Armstrong, author of Chicken in a Strange Way, gives a resounding no. Original article: https://mises.org/mises-wire/economic-calculation-and-southern-california-beach-girl

Although it's true that many government-driven price hikes in recent years aren’t “inflation” in the strict sense, the pain they cause is just as real. Warsh’s push to narrow what the Fed counts as inflation—so it can justify even more inflation—is alarming. Read the article here: https://mises.org/mises-wire/warshs-concerning-interest-redefining-inflation 2026 is the Year of Rothbard—Murray's 100...

Trump is trapped in a genuinely difficult situation as he tries to reach a deal with Iran. But it is a crisis of his own making. Also, the establishment figures now condemning him should not be allowed to pretend they had nothing to do with it. Read the article here: https://mises.org/mises-wire/trumps-iran-predicament-his-own-fault 2026 is the Year of Rothbard—Murray's 100th birthday—and we're ce...

Government economic policies reflect abstract ideas of what agents wish reality were like. Praxeology is not beholden to abstract economic fantasies. Original article: https://mises.org/mises-wire/praxeology-antidote-hyperreality

The financial analyst Richard Daughty, whose pen name was Mogambo Guru, passed away four years ago, but while he was alive, he produced spot-on criticisms of the US government and its inflation rocket fuel booster, the Federal Reserve System. Original article: https://mises.org/mises-wire/remembering-mogambo-guru

As socialists gain power in American cities and states, they look to destroy the creation of wealth and to tax the wealth-creators into oblivion. We know how these scenarios end. Original article: https://mises.org/mises-wire/crazy-wealth-tax-proposals-california-and-new-york-city

The latest rage among defense contractors is the rise of the high-tech “neo-primes,” firms which supposedly will apply “smart” militarization. History and reality tell us, however, that these companies soon enough will be as bloated and corrupt as their contemporaries. Original article: https://mises.org/mises-wire/beware-neo-primes

Did the Declaration of Independence carry a hidden message of abolition of slavery? Justice Clarence Thomas and historian Harry Jaffa believe that, but legal scholar Wanjiru Njoya holds that such an interpretation pushes the envelope too far. Original article: https://mises.org/mises-wire/justice-clarence-thomas-harry-jaffa-and-declaration-independence

The Appalachian region, while always relatively poor, had strong families and institutions that held things together. In the aftermath of the expansion of the welfare state and the shrinking of the iron, steel, and coal industries, we have seen social breakdowns and increasing drug addiction. Original article: https://mises.org/mises-wire/sedation-appalachia

Mark Thornton shares his recent Rothbard University lecture on the division of labor, the concept Adam Smith made famous as chapter one of The Wealth of Nations but never fully explained. Smith described workers specializing in tasks and productivity rising, then attributed the result to an invisible hand he couldn't account for. Rothbard accounted for it: the entrepreneur decides how to organize...

In this discussion of Rothbard's seminal essay on the nature of the state, "The Anatomy of the State," Ryan McMaken takes a look at the state as a unique organization with a monopoly on the means of coercion. This organization, which is not to be confused with society in general, has its own ways of preserving itself and relating to other states. Be sure to follow Radio Rothbard at https://Mises.o...

The recent primary defeat of Thomas Massie will deprive this country of a free-market and anti-war voice. How should libertarians respond? Original article: https://mises.org/mises-wire/defeat-thomas-massie-where-go-here See also "Post-Massie America" (Power & Market Podcast) and "Massie Defeated in Kentucky Primary" by Ryan McMaken.

Viewing the Declaration of Independence as the act that created one consolidated American nation is a common historical anachronism, which projects a later nationalist understanding backward onto the founding era. Original article: https://mises.org/mises-wire/creating-nation-declaration-independence-and-nation-anachronism

In contemplating the life and career of Ludwig von Mises, one is struck by the nobility and grandeur, the high courage, of his lonely and lifelong struggle on behalf of truth and laissez-faire. But what led Mises to pursue his lonely and seemingly doomed struggle until the very end? Original article: https://mises.org/articles-interest/mises-and-role-economist-public-policy

The Federal Reserve continues to destroy the economy’s savings base through a combination of artificially low interest rates and inflation. This war on savings will not end anytime soon. Original article: https://mises.org/mises-wire/there-no-reprieve-feds-war-savings

What inspires us about the life of Mises, writes Lew Rockwell, is not his victimhood but his triumph over evil. Original article: https://mises.org/mises-daily/heart-fighter

In attacking progressivism in a recent speech, Clarence Thomas has been pilloried in the media and by politicians and academics. However, Thomas was correct: progressivism has brought one disaster after another, all the while empowering the worst of state actors. Original article: https://mises.org/mises-wire/justice-clarence-thomas-right-about-progressivism

For too long, people have thought of the airwaves and waterways as “public” property that is best controlled by government. However, Murray Rothbard and others held that one could apply the institution of private property to both. Original article: https://mises.org/mises-wire/who-owns-airwaves-and-sea

Ryan McMaken points out that the American "great experiment" failed many decades ago. In fact, the current republic we call "the United States" is clearly a completely different republic than the one founded back in the late eighteenth century. The founding fathers wouldn't recognize it at all. Be sure to follow the Loot and Lobby podcast at Mises.org/LL

As I see it now, there are really two economies—two distinct systems of producing and exchanging wealth. Or rather, two systems that purport to do these things, though only one of them really produces anything, and the other is organized by a peculiar form of exchange. The first is what is called the trade economy—the one summed up in the phrase "the free market." The other mig...

Public goods theory often assumes what it seeks to establish, namely, that the state is the indispensable precondition of production, even though the state itself depends upon prior production for every resource it possesses. Original article: https://mises.org/mises-wire/public-goods-circular-argument