Mises Wire

A reminder that economics applies even to floods and snow. Everything choice is a trade-off and subject to opportunity cost.

by Michael S. Rozeff

In the Quote of the Day at Café Hayek, Don Boudreaux highlights Adam Smith

This point came up in the Mises Academy “Interwar Years” course yesterday evening.

Joseph Salerno writes in today’s

With President Obama’s State of the Union Address and its associated campaign prominently featuring increased minimum wage, tired arguments for rai

When Governor Isaac Stevens went around Puget Sound in the mid-1850s making trea

Mandatory union dues are again at issue.

After last week´s decision by HSBC to halt its policy of not honoring large withdrawal requests by depositors comes news of the Russian bank “My Ba

From Economics in One Lesson By Henry Hazlitt