Mises Wire

Entrepreneurship in Cuba

Blog42 min ago

The death of Fidel Castro has brought to light the catastrophic failure of Cuban socialism. Cuba, whose standard of living was...

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Taxation Isn't Only Theft, It's Destruction

Taxes and Spending

Blog2 hours ago

As long as rulers possess the power to tax, they will use that mechanism of state to the detriment of its subjects.

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End Game for the Global Economy

Booms and BustsMoney and BanksBusiness CyclesMoney and Banking

Blog16 hours ago

Central banks never recovered and "normalized" their balance sheets after the 2008 crisis. That means the current system is very fragile.

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Lame-duck Congress Looking to Ban Online Gambling

Big GovernmentInterventionism


As more states consider legalizing online gambling, Republican Senators look for a new Federal ban.

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Why the Hysteria Over the Italian Referendum?

Global EconomyWorld HistoryPolitical Theory


The recent Italian vote helped to get rid of a pro-EU prime minister. Unfortunately, Italy is not much closer to the pro-market revolution it needs.

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Inflation Is Not About Price Increases

Money and BanksMoney and Banking


When inflation is seen as a general increase in prices, then anything that contributes to price increases is called inflationary.

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