Mises Wire

While the government of Prime Minister Viktor Orbán holds promise for Hungary, the usual cautions apply. Remember, we still are dealing with a government.

Despite court rulings, Biden is trying to do end runs around the law in an attempt to buy votes with his student loan cancellation schemes. His actions, not surprisingly, are illegal, but don’t expect any arrests.

Murray Rothbard said it best: egalitarianism is a revolt against nature itself. Unfortunately, progressive politicians are determined to push egalitarian regimes no matter how disastrous they turn out to be.

Although fractional reserve banking is the most popular model for banking, it is fraudulent at its core, something the Austrians have noted for many years.

According to mainstream economists, the question of whether increasing the minimum wage also increases unemployment is empirical. However, the logic of economic analysis says otherwise.

In his recent State of the Union speech, President Biden called out private enterprise for what he calls “shrinkflation” and “greedflation.” If he wishes to know who is responsible for this phenomenon, he should look in the mirror.

Government parking policies create unnecessary shortages. Privatizing public parking not only would enable more efficient solutions, but also would make the system more fair.

In modern times, squatter's rights have little use beyond grinding an ideological axe or redistributing property to favored interest groups.  It is time to end squatter's rights altogether.

The Methodenstreit between the Mengerian Austrian School and the German Historical School needs to be rejoined. Mainstream economists are embracing the historicist approach, which is not real economics at all.

Brazil’s carnival celebration is a huge event that also is heavily subsidized by government at all levels. Yet carnival would do very well if the subsidies were replaced with entrepreneurial investment.