Mises Wire

President Biden recently claimed that "trickle-down economics" doesn't work but transferring wealth from taxpayers to politically connected people is the real trickle-down economics.

Although the Bank of England is largely responsible for inflation in the UK, its leaders blame British consumers and workers for the price increases.

A new Fed survey shows that banks are cutting back on lending big time. Over the past thirty-five years, this almost always predicts recession. Our economy can't survive without endless new infusions of easy money. 

Calls for black consumers to "Buy Black" can be interpreted as socially divisive, but they are also a way to encourage black entrepreneurs in a free market.

More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a universal idea of liberty.

The Durham report reminds us it is well past time for a more realistic assessment of the FBI for what it is: a costly, unnecessary, unconstitutional, and incompetent agency. 

Can the injection of new money into the economic system enhance economic growth? Not really. Increasing (or decreasing) the money supply affects the demand for money but doesn't make us wealthier.

Radical environmentalists have convinced people that we are doomed if we continue to use fossil fuels. We are doomed if we stop using them.

American corporations are lavishing billions of dollars on leftist groups in the name of “equity.” But many of them are also donating to even more questionable people and causes.

Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources.