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News
Government Intervention and Economic Inequality
1+ day, 6+ hour ago (410+ words) Mark Thornton revisits his Mises University lecture on government intervention and economic inequality, arguing that intervention does not merely shrink the economic pie: it changes who gets the biggest slices. Drawing on Rothbard’s distinction between specific and general factors of…...
The Pretexts and Motives Behind Government Regulation
1+ day, 7+ hour ago (188+ words) There is no doubt that Chinese firms have made many advances in AI technology, but how far they can go in the future still is an open question. Everyone loves to have time off, but what happens when governments force…...
The Innovation Mirage: Why DeepSeek and Kimi 3 Do Not Settle the Question of Chinese Technological Supremacy
1+ day, 7+ hour ago (239+ words) Every other industry examined either fell further behind or remained stuck near the global average. Out of twenty-two sectors that China has poured subsidies, tax incentives, and political attention into for decades, the study identifies only two as showing real…...
The Return of Economic Gaslighting
2+ day, 7+ hour ago (106+ words) Democrats learned the hard way that voters don’t like being told the economy is great when they’re struggling to afford everyday life. Now Republicans have chosen the same strategy.Original article: https://mises.org/mises-wire/return-economic-gaslighting The Return of Economic Gaslighting Democrats learned the…...
The Liberalization of Holidays and the Ownership of Time
2+ day, 10+ hour ago (507+ words) This does not mean that every holiday or every form of collective rest is necessarily harmful. Human societies may choose certain days for shared rest based on tradition, culture, or any form of voluntary agreement among individuals. The central issue…...
Scott Bessent: New Prince of the Yen?
2+ day, 1+ hour ago (175+ words) On this episode of Power & Market, Ryan and Tho are joined by Dr. Jonathan Newman to discuss recent economics headlines, including interventions to prop up the yen, a bad jobs report, and troubling signs in bond markets. Scott Bessent: New…...
The Illegal Constitutional Amendment
2+ day, 1+ hour ago (403+ words) McDonald was one of the most distinguished American historians, who first attracted attention with his book We the People, published in 1958, and he remained at the forefront of the historical profession until his death in 2016. (I gave a book report…...
Ahoy! Ahoy! The Telephone, Entrepreneurship, and Cronyism
2+ day, 7+ hour ago (820+ words) Next, in order to understand much of American history in general and the expansion of the telephone in particular, it is critical to understand the typical mainstream and progressive narratives of this period of American history (~1880–1920), that is, as Rothbard…...
The Imaginary World of Fed "Independence"
3+ day, 9+ hour ago (977+ words) Treasury Secretary Scott Bessent recently took to X to celebrate what he called one of the “highlights of the Warsh Fed.” His post didn’t have anything to do with what kind of monetary policy a Warsh-chaired Fed will do. It was…...
The Prussians Who Built Prussia
3+ day, 1+ hour ago (165+ words) The ordinary people of Europe, so devastated by the shells of the First World War, would again be victimized by the new inflationary national currencies that would destroy savings and investment across the European middle class. As the birthrate falls…...