Mises Wire

Although he has presided over numerous economic disasters and people are leaving the state, there are many who will want him for 2028. 

One does not need to be an advocate of open borders to have concerns when one hears about a federal law enforcement agency engaging in a “crackdown.”

In Europe, just as in the US, governments have decreed that “not enough” people are buying EVs. Now the French government wants to force more EV sales.

In an outrageous act, lame duck President Joe Biden gives Ukraine permission to fire US-made missiles into Russia itself. Given Russian President Putin's declaration that this attack is an act of war against Russia, Biden's actions clearly are reckless.

One does not need to be an advocate of open borders to have concerns when one hears about a federal law enforcement agency engaging in a “crackdown.”

While most of us are familiar with Gresham‘s Law, we should remember that it does not mean that bad money is preferred to good money. Instead, it refers to a situation in which government mandates that inferior and superior money legally have the same face value.

With the demise of the Biden administration, it is time to take a hard look at the DEI programs it imposed. While divisive, simple removal will not solve underlying problems.

With the election of Donald Trump, we are seeing repeated use of another F-word to describe the direction America is going: fascist. But is that what is happening in the US, or is the term fascist being thrown about in blind ignorance? These accusations need scrutiny.

As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect competition—gives the digital economy uncreative destruction.

Modern academic economics is based upon the methodologies used to study the natural sciences. However, such methodologies are inappropriate to study economics, which must be based upon causal-realism.