Mises Wire

Americans have been fed the myth that US foreign policy from 1919 to 1941 was isolationist. In reality, US policies destabilized already volatile international relations.

As war rages in the Middle East, we are reminded of what Mises wrote in 1949 on warfare and its awful effects.

The field of behavior economics downplays the role of purposeful praxeology in economics. Austrian economics does not make that error.

Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars.

Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money.

The leviathan US state would not be possible without the Fed underwriting its growth. But the Fed is not all-powerful, nor can it continue to exist by only creating chaos.

As the Biden administration ramps up new government spending—and budget deficits—to unheard-of peacetime levels, reality sets in. No economy and no currency can withstand this explosive assault for very long.

The question as to what is justice and what constitutes a just society is as old as philosophy itself. Indeed, it arises in everyday life even long before any systematic philosophizing is to begin.

Although the Woke agenda seems to be dominating everything, the mask is slowly being peeled away and some are starting to recognize the truly authoritarian agenda that had been so carefully hidden.