News
Turns Out the Elites Like the Administrative State Better than Democracy
4+ hour, 48+ min ago (127+ words) The New York Times claims that the "administrative state"that is, governance by unelected bureaucratsprotects our country and enhances democracy. Original article: https: //mises. org/mises-wire/turns-out-elites-administrative-state-better-democracy Turns Out the Elites Like the Administrative State Better than Democracy The New…...
Why Rent Control Fails: Lessons From New York to Portland
10+ hour, 56+ min ago (759+ words) Housing costs in New York City have reached a level that many people can no longer afford. The response has been to push for more control'limits on rent increases and expanded tenant protections. The intention is clear. However, housing markets…...
The Economic Destruction of Trump's War Goes Far Beyond High Gas Prices
1+ day, 8+ hour ago (166+ words) This war is not just making energy more expensive, it's knocking out the higher order goods the global structure of production depends on. This has already locked in dangerous shortages in critical industries like healthcare, food production, and much more....
Is Donald Trump Another Bismarck?
1+ day, 7+ hour ago (101+ words) The US finds itself once again in an undeclared overseas war. Republicans in Congress, however, are unwilling to hold Trump to the Constitution. Original article: https: //mises. org/mises-wire/donald-trump-another-bismarck Is Donald Trump Another Bismarck? The US finds itself once…...
Germany Restricts Emigration to Prevent Young Men From Escaping the Military Draft
1+ day, 10+ hour ago (491+ words) Now, the legislation faces additional opposition because it turns out the law "requires men aged up to 45 to get permission from the armed forces before any significant stay abroad, even in peacetime." In other words, the law restricts the emigration…...
Chile's president begins building border barrier less than week into term
1+ day, 1+ hour ago (136+ words) Chilean President Kast said Chile had been "violated by illegal immigration, drug trafficking and organized crime." The tradition of Alchian, Demsetz, and colleagues has continuing relevance for strategy scholars. The old saw that when one has a hammer, everything else…...
Money Laundering and Oliver Bullough's New Pearl-Clutching Book
23+ hour, 37+ min ago (133+ words) The old saw that when one has a hammer, everything else is a nail certainly applies to a new book by Oliver Bullough on so-called money laundering. Joakim Book sets the readers straight. Original article: https: //mises. org/mises-wire/money-laundering-and-oliver-bulloughs-new-pearl-clutching-book…...
What Strategy Took from UCLA'and What It Missed
1+ day, 2+ hour ago (274+ words) Dick Rumelt describes a 1979 faculty retreat where he was presenting on the future of strategy, and Alchian raised his hand and said, simply, "Do you have any propositions?" Rumelt was flustered, and went home angry'then worked out the core propositions…...
Trump's ceasefire is already collapsing as Israel attacks Lebanese civilians (again)
1+ day, 9+ hour ago (183+ words) The Straight of Hormuz is closed again. Israel will not abide by any ceasefire, so Trump can only succeed by ignoring Netanyahu. Which Trump will not do." The old saw that when one has a hammer, everything else is a…...
Rothbard, the Mises Institute, and the Battle of Ideas
1+ day, 3+ hour ago (408+ words) The snide tone is typical Keynes, and his intent was likely to disparage the laissez-faire economists he hated. But the sentiment was correct: a key theater of the battle of ideas is fought in the institutions and publications that we…...