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How Religious Freedom in America Was Founded on Privatization and Decentralization



The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing to do with it.

Original article: https://mises.org…


Published on 9 hours ago

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Risk, Uncertainty, Profits, and Modern Portfolio Theory



While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.

Origin…


Published on 1 day, 3 hours ago

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The Farmland Protection Policy Act: Crisis Politics and the Quiet Socialization of Land



For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done is protect farmland.

Original article…


Published on 1 day, 9 hours ago

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Inflation, Interventionism, and Intergenerational Resentment



Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same kinds of assets earlier generations pro…


Published on 4 days, 8 hours ago

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Bursting the Bubble that Was FDR



David Beito’s new biography on Franklin D. Roosevelt is not the hagiographic nonsense that has dominated the US history profession. That is a good thing. Americans should know how FDR’s presidency le…


Published on 5 days, 6 hours ago

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Elon Musk Claims Money Will Become Irrelevant. Is He Right?



Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.

Original article: https://mises.org/mises-wire/elon-musk…


Published on 6 days, 7 hours ago

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Why Banning Hate Speech Is Evil



Marion Millar has been charged in Scotland with the crime of “malicious communication” due to tweets criticizing gender self-identification. 

Original article: https://mises.org/mises-wire/why-banning…


Published on 1 week, 1 day ago

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The Unjustified Conflict: Grant’s Memoirs on the Mexican-American War



The Mexican-War resulted in more territory for the new American empire, but the US government started it under false pretenses. A young US soldier who fought—Ulysses Grant—knew better, exposing the l…


Published on 1 week, 4 days ago

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The Lane Train (And the Rest of College Football Madness) Has Been Fueled by Easy Money



The Lane Kiffin saga has dominated sports headlines this past week, highlighting the sea changes that have come over college sports—an especially college football—in the past decade. Much of this cha…


Published on 1 week, 5 days ago

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Zohran Mamdani’s Socialism Flunks Basic Economics



New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit …


Published on 2 weeks ago





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