Mises Wire

The Federal Trade Commission is heavily scrutinizing the proposed merger between Microsoft and Activision. Why? Because Sony is against it.

What happens next will depend heavily on what the regime will feel is necessary to buoy public support for the regime and its current ruling party. 

One of the standard doctrines of mainstream economics is that the assumptions of a model do not have to reflect reality. Austrian economics vociferously disagrees.

As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.

Congress is silent – or compliant – as we lurch forward toward disaster for no discernable US strategic goal. Biden – or whoever is actually running the show – is forging straight ahead.

In today's progressive climate, sexual assault charges are easy to make and hard to refute, even when they are demonstrably false.

The State of California, unable to unionize fast food workers, now is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.

2022 was a warning sign that debunked the myth of eternal monetization of debt with low inflation. It is time to be serious. High deficit spending is not a tool for growth, but a tool for cronyism and a burden on the future.

Rational choice theory claims that people in the political realm act in their own self-interest. However, in today's political climate, many people act against their own interests to avoid being attacked by others.

The Fed's latest attempt to correct the inflation it caused is putting the market on a crash course.