Mises Institute

A bad end is most likely though even in the best case scenario of AI increasing living standards. The build-up of asset inflation malinvestment and overleveraging will impose huge costs.

Original article: https://mises.org/mises-wire/not-so-new-dollar-strategy-monetize-productivity-advance

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

Will the Make America Healthy Again (MAHA) succeed? If the regulatory story of DDT is a prime example of government regulation in action, then the answer is a resounding no.

Original article: https://mises.org/mises-wire/political-economy-pesticides-how-subsidize-poison

Dr. Jonathan Newman joins Tho and Connor to discuss Jerome Powell’s favorite type of FOMC meeting: a boring one. No cuts, no concerns, no drama in the eyes of the soon-to-be-former Fed Chair. On this episode, we try to bust his bubble on this episode of Power and Market.

Don’t forget, the Mises Institute’s first event is coming up on February 21st in Oklahoma City. Join us for a look at Entrepreneurship Beyond Politics: https://mises.org/events/entrepreneurship-beyond-politics-mises-circle-oklahoma-city

Are you a grad student interested in Austrian economics? Consider the Mises Institute Summer Fellowship program this summer. Click here for more details: https://mises.org/events/research-fellowship-residence-2026

By hiring a communist as his main housing adviser, New York Mayor Zohram Mamdani is fully committed to driving out private ownership of rental properties and handing over apartments to the city and politically-connected organizations. It will only make housing problems worse.

Original article: https://mises.org/mises-wire/surprise-mamdani-governing-socialist

The Bill of Rights transformed the Constitution from one of supreme and total national power to a partially mixed polity where the liberal anti-nationalists at least had a fighting chance.

Original article: https://mises.org/mises-wire/why-federalists-hated-bill-rights