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There is a simple way for housing markets to adjust to the new realities of higher interest rates. Prices need to come down. That's how markets are supposed to work.
Original article: https://mises.org/mises-wire/home-sales-high-interest-rates-are-not-problem-high-prices-are
Many socialists define socialism by their ideal goals rather than the process—the expansion of the taking mechanism of the coercive state.
Original article: https://mises.org/mises-wire/socialism-me-definition-wishful-thinking
Contrary to propaganda from unions and the maritime industry, the Jones Act creates hardships and is helping to drag down the US economy. The only proper outcome is to repeal it immediately.
Original article: https://mises.org/mises-wire/repeal-jones-act
Lew Rockwell revisits Justin Raimondo's great biography of Murray Rothbard.
Original article: https://mises.org/mises-wire/still-states-greatest-enemy
For more than a century, the Supreme Court has tried to interpret equality before the law in different and conflicting ways. While the law can divide people, it cannot be the source of bringing them together.
Original article: https://mises.org/mises-wire/equality-law-does-not-mean-equality-subjective-feelings
“Libertarian Realism” in foreign policy is based upon the interests of those who actually make policy decisions, as opposed to discussing abstract ideals of a false “national interest.”
Original article: https://mises.org/mises-wire/libertarian-realism-foreign-policy
Government agents claim they are protecting us from enemies, foreign and domestic. If that is the case, then the best thing these agents can do would be to liquidate the government itself.
Original article: https://mises.org/mises-wire/government-should-liquidate-itself
There is no "trust fund" or contract. Social security is nothing more than a scheme to take money from current wage earners and hand it over to others. It is functionally a welfare program.
Original article: https://mises.org/mises-wire/social-security-just-transfer-payment-workers-retirees
Socialism's failures are well-known, but true believers abound that insist that this time we can make it work. The question is why anyone still believes in it at all.
Original article: https://mises.org/mises-wire/why-does-anyone-still-take-socialism-seriously
If we’ve been at war with Iran for 47 years, Ronald Reagan was a coward and a traitor. To be consistent, mainstream national conservatives using such language about Iran ought to condemn one of their heroes; otherwise, they don’t believe their own rhetoric.
Original article: https://mises.org/mises-wire/conservatives-was-ronald-reagan-coward-and-traitor
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