Mises Wire

Socialisms 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.

Liechtenstein is Europe’s wealthiest nation despite its tiny size. A limited state and free trade provide the foundation for this nation’s wealth.

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In the name of safety, the European Union is attempting to regulate AI despite the fact that its regulators are woefully ignorant about how to do that job effectively.

In this week’s Friday Philosophy, Dr. David Gordon takes on the question of unjust laws. Under what circumstances should people obey them anyway. Murray Rothbard helps to provide an answer.

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.

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The criminal regime of Fidel Castro not only stole the property of mathematician Aurelio Baldor, but also falsely claimed to have made the mathematical discoveries that were Baldor’s.

Norway’s new monarch may prove to be an effective leader, but we are reminded that his hereditary privilege is being financially supported by involuntary taxes.

American investments in Venezuela are likely to provide little direct financial benefit to the taxpayers shouldering the cost. They risk empowering a dictatorship that uses its power to repress its citizens and private enterprises.