Mises Daily Email

Wednesday, January 21, 2026

Open-borders advocates assume that mass migration has little effect on the political realities of the host country. With a tiny population, Greenland would be an excellent test case for how open borders would play out in the real world. It would be interesting to watch Trump encourage Americans to flood the country with American emigrants, thus securing a future vote to join the US.

Also today: Mark Thornton examines some new historical examples of hyperinflation.

Ryan McMaken, Editor-in-Chief

If Trump Wants Greenland, He Should Push for Open Borders There

Ryan McMaken

Were Greenland to adopt an open border policy, Greenland would quickly become a flash point for an international crisis, and would reveal how immigration is often a tool of geopolitics.

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Weak States, Not Limited States: Early Ming Governance and the Illusion of Proto-Liberalism

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The Burdens of State Public Debt

How the new republic’s debt bound taxpayers to creditors and expanded centralized power.

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President Trump: Peace is Popular

Americans are clearly more interested in getting our problems solved at home than acting as policeman for the world.

Conservatives Are Incorrigible Drug Warriors

Conservatives talk about liberty and capitalism, but their stance as drug warriors shows they don’t truly mean it.

State Primary Socialization Indoctrination: A Libertarian Critique of Youth Digital Regulation

We are subtly trained to view state intervention as normal.

Billionaires, Workers, and the Exploitation Theory

Bob revisits Böhm-Bawerk’s critique of the exploitation theory of interest.

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The Misesian

The latest issue of The Misesian discusses why, without private property, there is no way to plan for the future, and one’s goods are always subject to confiscation from the more powerful. In other words, a world without private property is a lawless world.