Mises Institute

If California voters and politicians do not understand the current crisis, we will see the continuous march to perdition as California politicians refuse to acknowledge that they are killing the geese laying the golden eggs. Original article: https://mises.org/mises-wire/idiocracy-california-politics

The latest release of Epstein files again highlighted how disgusted and frustrated people have grown with the current elites. Yet they remain essentially untouchable. Why? Read the article here: https://mises.org/mises-wire/everyone-agrees-our-elites-are-terrible-so-why-are-we-stuck-them Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

In most nations of any size, sectionalism is almost inevitable. How nations handle such divisions determines if sectionalism is peaceful or becomes violent. It became violent in the US in 1861. Original article: https://mises.org/mises-wire/positive-view-sectional-history

Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly. Original article: https://mises.org/mises-wire/why-affordability-wrong-term-describe-effects-inflation

Brendan Brown, author and monetary commentator, warns about monetizing a supposed productivity surge. He explains how central banks can use productivity claims to justify easy money. He traces historical precedents of asset inflation tied to such policies. He highlights political incentives and the risks of premature stimulus leading to malinvestment and a damaging bond-market reversal.

Thanks to the Federal Reserve, the US government will always have enough printed money to fund its tyrannical schemes. Original article: https://mises.org/mises-wire/have-fiat-money-will-tyrannize

Totalitarian societies do not become that way overnight. There are recognizable signs and stages which show how a society slides into that abyss. Original article: https://mises.org/mises-wire/five-stages-totalitarianism

There is no reason to be surprised by the total lack of commitment to any ideological standards. Nor is there any reason to expect anything better. That’s just how American politics works. Original article: https://mises.org/mises-wire/its-no-surprise-conservatives-have-rediscovered-their-love-federal-power

On the latest episode of Minor Issues, Mark Thornton explains why the modern discussion of the division of labor is distorted by bad theory and political incentives. Mark contrasts Adam Smith's view with the Austrian tradition—especially Mises’s—where the division of labor is driven and continuously reorganized by entrepreneurial judgment under uncertainty, disciplined by profit and loss. Mark also shows why technocrats and social engineers love an entrepreneur-less story of specialization, why Marxists found support in Smith’s labor-theory drift, and why the real gains from specialization depend on individual differences that markets harmonize through exchange. See “The Division of Labor Is at the Very Core of Economic Growth” by Per Bylund in The Next Generation of Austrian Economics: Essays in Honor of Joseph T. Salerno: https://mises.org/MI_160_A Join us for the Mises Institute's first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: "Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City." Register today at https://mises.org/okc Order a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler Enter the 2026 Stocks vs. Manure Prediction Contest at https://mises.org/form/stocks-vs-manure-2026 Be sure to follow Minor Issues at https://Mises.org/MinorIssues

In this special episode, Mark Thornton presents a timely interview with Elijah K. Johnson that underscores how quickly “melt-ups” can flip into sharp corrections. Mark frames the discussion around three themes: why investors should temper expectations after a major run-up; why political and financial elites will move aggressively to protect their interests when markets wobble; and why soaring gold and silver prices (however tempting) ultimately signal deeper economic and social distress rather than a clean “win” for the private sector. Join us for the Mises Institute’s first event of 2026, featuring Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell: “Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City.” Register today at https://mises.org/okc Order a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler Be sure to follow Minor Issues at https://Mises.org/MinorIssues