Mises Wire

Most economists are political apologists masquerading as economists. They are Rothbard’s “court historians” with degrees in economics instead of history.

While most of us know George Orwell as an authoritative critic of totalitarianism, few people know he was a committed socialist and a lifelong defender of communist Leon Trotsky. While he understood totalitarianism, he never understood socialism.

Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism, one must first be grounded in reality, then apply reality-based thought to studying the past.

Congress ought to at least teach Powell, the Fed, and its banker friends a few much-needed lessons. 

Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other factors are at work. 

Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules are now appealing to US antitrust law.

Even if whole regions of the country vote overwhelmingly against a president, they are still forced to submit to four years of that president’s rule-by-decree.

For the second time in eight years, Donald Trump defied the expectations of the “experts” and the ambitions of the ruling classes of Washington, DC. 

The watchword among progressives this election season is: “Nothing less than our democracy is at stake.” In truth, democracy itself is not in danger, but one can accurately say that “democracy,” as practiced in the US, endangers our lives.

Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.