Mises Wire

What better way to explain the relationship between higher-order and lower-order goods than with food? Here, we look at the falafel sandwich.

Progressives claim that profits are an unjust transfer of wealth from the poor to the rich. In reality, entrepreneurs earn profits by directing resources from less valued to more valued uses to satisfy consumer needs.

Many police traffic stops are not about safety or protecting the public. They are about siphoning cash from motorists to state and local governments. 

The government can end today's high price-inflation rates any time by ending deficit spending. But the state won't even acknowledge deficit spending is a cause of today's price-inflation cycle. 

Animal control officers are supposed to, well, control animals in a municipal area. But thanks to animal control policies, it's the stray animals that are in control of our author’s town.

While these students are right to oppose the horrific Israeli attacks on Gaza, many of the protests reflect leftist groupthink and typical higher education collectivism.

Although mainstream economists hold that Adam Smith is the father of modern economics, it was Richard Cantillon that recognized the centrality of entrepreneurship in economic development. 

The enemies of individual liberty are numerous, from leftists who see freedom as interfering with the “positive freedoms” offered by the state to conservatives that believe too much freedom destroys community relationships. 

Apply now: The thirty-eighth annual Mises University, where I have lectured for more than thirty of those years, will be held from July 28th to August 3rd.

Like the Biden administration, the European Union elites are seeking to crush free speech on the Internet in the name of preventing “hate speech” and “disinformation.” Of course, the EU ruling classes won’t have to worry about being censored.