Mises Wire

The TSA's record for incompetence is astounding, even for a government agency. Any complaints, as this article shows, will be seen as subversion.

How do we guard against misinformation when business firms join with government to promote things that simply are false? As Murray Rothbard noted, people still have reason and the free will to make decisions for themselves.

While Bitcoin and other cryptocurrencies can boggle the mind with their complex relationships, nonetheless, we are witnessing the development of a parallel economy that has sprung up in the wake of harmful government intervention.

Modern egalitarians play down the idea of free will, claiming that free will is relevant only if individuals have no interference with their choices. Murray Rothbard, on the other hand, recognized that self-ownership and one's ability to engage in reason is enough to recognize free will.

While recent European Parliament elections have raised questions about Ireland’s role in the EU, the truth is that Ireland’s historical role in civilizing Europe reminds us that Ireland is more European than the EU itself.

Politicians and hedge funds that push “Environmental, Social, and Governance” (ESG) scores and investing do so with the notion of improving social welfare. What they fail to realize is that these concerns are accounted for in human action already.

Socialist regimes tend to follow the same playbook: promise much, deliver little, and, in the end, blame capitalism. Venezuela is the latest socialist entity to enter the Failed State Hall of Fame.

The recent “housing” plan from the Kamala Harris campaign is being touted in the media as a “solution” for this nation's housing problems. However, the plan, if implemented, will be like trying to quench a fire by pouring gasoline on it.

It may not have been created in the lab of a mad scientist, but the euro is still a manufactured, cobbled-together currency made from a number of national monetary units. Indeed, it is the perfect Frankenstein currency.

A few years ago, the leftist publication The Intercept claimed that inflation only hurts the “one percent,” but is “good” for everyone else. The truth is much different, as the Fed’s inflationary policies have benefited the politically-connected crony class.