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Ryan McMaken

Ryan McMaken

Ryan W. McMaken is the editor of Mises Daily and The Austrian. He has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014.

Articles by Ryan McMaken

The Deep State: The Headless Fourth Branch of Government

2 days ago

School children learn that there are three branches of government: the legislative, executive, and judicial. In actual practice, however, there are four branches of government. The fourth is what for decades now has been called a “headless fourth branch of government,” the administrative state. As early as 1937, in a ” Report of the President’s …

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Don’t Trust the Government with Breathalyzers and other Forensic Evidence

6 days ago

Thanks to the proliferation of body cameras and security cameras attached to homes and businesses, police are far more frequently being caught lying. For example, this month, NYPD cop Michael Bergmann lied about nearly being struck by a suspect’s car. Bergmann was convicted of perjury when a surveillance camera showed otherwise. Earlier this year, Florida …

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It’s Trump vs. the Deep State vs. the Rest of Us

8 days ago

One of the best side effects of the Trump presidency has been the hostility of the so-called “deep state” or “intelligence community” directed at the president. This, in turn, has led many Americans to realize that America’s powerful, un-elected secret police agencies serve an agenda all their own. Consequently, polls show one’s views of the …

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19th-Century Americans Didn’t “Support the Troops”

11 days ago

Were an American from the mid-nineteenth century to time-travel to modern America, he’d be truly amazed to find that Americans are often expected to thank soldiers “for your service” and to act as if the military was doing the taxpayer a favor. The lionizing of government employees in uniform has become standard fare in the …

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Ocasio-Cortez is Wrong: We’re Not Working 80-Hour Weeks Now

15 days ago

It has become nearly commonplace for pundits and politicians to claim that Americans are working more than ever before; that they’re working more jobs, and working longer hours — all for a lower income. During the Democratic debates this summer, for instance, Rep. Tim Ryan of Ohio claimed  “the economic system now force[s] us to …

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The Economics Behind the Fall of the Berlin Wall

15 days ago

Friday marks the thirtieth anniversary of the fall of the Berlin Wall. Like most historical events that are commemorated as if they took place on a single day, the fall of the Berlin Wall on November 9, 1989, was just one of many interrelated events that led to the end of the system of Soviet …

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Six Graphs Showing Just How Much the Government Has Grown

16 days ago

Federal spending and federal taxation in the United States set new records in 2019. And the federal budget deficit swelled to more than a trillion dollars. Europe is in the middle of an enormous spending binge. But apparently hard-core laissez-faire libertarian purists have taken over the world’s governments.
At least, that’s the case in the minds of many leftists and conservatives who have convinced themselves that “market fundamentalists” have conquered the world’s institutions, and have enacted a global regime of near-zero taxation, free trade, and almost totally unregulated markets.
We hear this over an over again when everyone from The Pope to Bernie Sanders claims “neoliberalism” — a term used to “denote… a radical,

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Six Graphs Showing Just How Much the Government Has Grown

21 days ago

Federal spending and federal taxation in the United States set new records in 2019. And the federal budget deficit swelled to more than a trillion dollars. Europe is in the middle of an enormous spending binge. But apparently hard-core laissez-faire libertarian purists have taken over the world’s governments. At least, that’s the case in the …

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California Has the Nation’s Worst Poverty Rate, New Census Data Shows

24 days ago

The US Census Bureau released new poverty data this month, and California once again has the nation’s highest poverty rate, according to the “Supplemental Poverty Measure.” According to the SPM, California’s poverty rate in 2018 was 18.1 percent, followed by Louisiana with 16.5 percent, and Florida, with 16.2 percent. The states with the lowest poverty …

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Money-Supply Growth Surges to 8-Month High in September

24 days ago

The money supply growth rate rose in September, rising to an eight-month high.  To last time the growth rate was higher was during Frbruary of th is year, when the growth rate was 3.19 percent. During September 2019, year-over-year growth in the money supply was at 3.10 percent. That’s up from August’s rate of 1.85 …

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Abolish the Tampon Tax, Even If It’s What SJWs Want

October 22, 2019

The latest evidence of the brutality of the patriarchy, we are told, is the fact that sanitary napkins are subject to sales tax. Thus, some protests have sprung up around the country decrying the fact tampons and pads are made less affordable by taxation. Some the SJW-world’s natural enemies were quick to point to the …

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What We Can Learn from Indian Tribes on Immigration

October 15, 2019

The Americas are unusual because citizenship is often granted based on birthplace, rather than on the citizenship or place of origin of one’s parents. Countries in North and South America have historically tended to more freely grant citizenship due to their relatively low populations, abundant land, and a historical dependence on migrant labor to take …

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Is Protectionism Patriotic?

October 14, 2019

The horseshoe theory may rest on a false left-right spectrum, but attacks on economic freedom animate both the Bernie Sanders socialist left and the Trumpite protectionist right. As I noted last week, some conservatives of late have become especially enthusiastic about attacking the freedom of Americans to buy and sell freely without government interference. In …

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The Conservative Attack on Market Freedom

October 10, 2019

I haven’t run an empirical study on the number of articles published, but it sure seems like conservatives are writing more articles than usual condemning economic freedom, and the people who advocate for it. This would make some sense in the Age of Trump when the the president has pushed the right’s policy agenda more …

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“The People” Probably Don’t Want that New Government Tax or Regulation You Think Is So Great

October 8, 2019

Anti-market pundits and politicians have long claimed that unregulated markets are damaging to communities, and therefore must be regulated, restrained, and made to fit our policy preferences. “Market capitalism is a tool, like a staple gun or a toaster,” conservative talk show host Tucker Carlson declared last January. The implication being that markets can be …

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Greta Thunberg To Poor Countries: Drop Dead

September 27, 2019

It appears many Indians and Brazilians and Chinese are willing to risk the global warming for a chance at experiencing even a small piece of what wealthy first-world climate activists have been enjoying all their lives.Original Article: Greta Thunberg To Poor Countries: Drop Dead.

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Greta Thunberg To Poor Countries: Drop Dead

September 26, 2019

On Monday, celebrity climate activist Greta Thunberg delivered a speech to the UN Climate Action summit in New York. Thunberg demanded drastic cuts in carbon emissions of more than 50 percent over the next ten years. It is unclear to whom exactly she was directing her comments, although she also filed a legal complaint with …

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Why Government Can’t Measure Your Happiness

September 19, 2019

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that’s not what’s going on at all. Original Article: Why the Government Can’t Measure Income, Happiness, or Well-Being.

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August Money-Supply Growth Rate Falls to 12-Year Low

September 18, 2019

The money supply growth rate fell in August, dropping to a 150-month low.  To find a lower growth rate, we need to go back to August 2007, when the rate was 1.59 percent. During August, year-over-year growth in the money supply was at 1.87 percent. That down from July’s rate of 2.19 percent, and was …

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Why the Government Can’t Measure Income, Happiness, or Well-Being

September 17, 2019

One of the central problems of aggregate measures of national income and well-being is the fact so much of it relies on incomes, wealth, production, and consumption measured in terms of dollars. This means only activities that can be tracked, counted, and ranked based on dollar values and production totals will be among those activities …

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Why They Keep Trying to Blame Capitalists for Slavery

September 13, 2019

The resurgent claim that the modern economy was built on slavery is yet another attempt to attack capitalism while also claiming “we are all to blame” for slavery. The slave owners of old tried a very similar tactic. Original Article: Why They Keep Trying to Blame Capitalists for Slavery.

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“Libertarian” Is Just Another Word for (Classical) Liberal

September 12, 2019

The term “liberalism” is a victim of what historian Ralph Raico has called “conceptual mayhem.” From its original use to describe the ideology of private property and freedom for individuals, the term eventually came to describe ideologies of an entirely different sort. By the mid-twentieth century, “liberal” was being used to describe a wide variety …

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How the World Views Libertarianism

September 10, 2019

Ask ten libertarians for a definition of libertarianism, and one is likely to receive about ten different answers. Indeed, libertarians have something of a reputation for internecine battles over who the “real” libertarians are. Most of the world, however, couldn’t possibly care less about these battles over how to correctly slice and dice the different …

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The Trillion-Dollar Military Still Isn’t Enough for the War Party

September 10, 2019

Since the end of the Cold War in 1990, US defense spending has increased 182 percent in nominal terms, and 44 percent in inflation-adjusted terms. In inflation-adjusted terms, defense spending is now about equal with the all-time peak reached in 2011, and the White House’s Office of Management and Budget estimates that defense spending will …

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