Mises Wire

Argentina belongs to the large group of countries that have been systematically ruined by their own governments. There is no easy way out of this. 

With Kamala Harris announcing she is open to imposing “reparations for slavery” if elected president, it is time to take a hard look at the injustice that would be part of this scheme. There is no way to fashion a just outcome out of it.

As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way. 

Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services. 

Anthony Blinken‘s term as US Secretary of State will be ending, although not soon enough. 

Opponents of President Biden‘s immigration policies have resorted to suing the Environmental Protection Agency to claim mass immigration harms the environment. 

While it is tempting to think of state power as being maintained by sheer force, it still needs a “theological” justification, be it secular or religious. The US state is no exception.

One of the oldest and most harmful economic fallacies is the belief that, at best, economic exchange is a zero-sum activity. However, free exchange in an unhampered market is always positive.

Trump says he wants to abolish the income tax and replace it with a tax on imports. That's just rearranging deck chairs on the Titanic. 

Gold prices are being driven by demand in Asia, and savers in East Asia are only too aware of risks stemming from the China-US economic war.