One of the most destructive fallacies of critical race theory is its insistence that racial disparities are caused by discrimination. The CRT premise is that any gap in racial attainment calls for an...

Liberty Squandered: The English Tradition from Magna Carta to Empire

11/23/2024 Mises Wire Vibhu Vikramaditya

The identity of a people often shapes the nature and trajectory of their government. In England, a deep-rooted belief in individual liberty has profoundly influenced the nation’s legal and cultural...

Distress in Commercial Real Estate Bonds Hits All-Time High

11/22/2024 Mises Wire Artis Shepherd

Commercial real estate continues to suffer despite the Federal Reserve’s attempt at ameliorating the capital markets with a 50-basis point rate cut in September. The pain is especially apparent in the...

Draper on War: When Is War Just?

11/22/2024 Mises Wire David Gordon

War and Individual Rights by Kai Draper; Oxford University Press, 2016, xii + 254 pp. Many people make fun of analytic philosophy because of its use of imaginary cases, often elaborated with what...

Logs Only Roll In One Direction: Fighting Kinetic Energy

11/22/2024 Power & Market Jim Fedako

Before anyone gets their hopes up about a reduction in government expenditures resulting from the upcoming Department of Government Efficiency (DOGE), remember that, once rolling, a log rolls in one...

Meet the Writer

Mark Thornton

Mark Thornton is the Peterson-Luddy Chair in Austrian Economics and a Senior Fellow at the Mises Institute. He is the...

Gold Is the Answer to Prohibition

11/23/2024 Mark Thornton

The gold standard hampers the growth of government power, which helps people more effectively fight bad policy.

Gresham’s Law: Bitcoin Will Save the World!

11/19/2024 Mises Wire Mark Thornton

What explains Bitcoin? Why does it exist and why is “nothing” worth $70,000 a piece? Moreover, there are millions of owners of Bitcoin and other cryptocurrencies and yet few real transactions take...

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