Mises Wire

Thanks to their adoring media, politicians create crises and then blame businesses for them. And the political "solutions" are worse than the original problems.

The FOMC has slowed down in its monetary tightening over the past two months, and at Wednesday's press conference, Fed chairman Jerome Powell continued his shift to dovish territory.

Decolonization is a popular academic and media buzzword. But is colonialism actually responsible for poverty in developing countries? This question deserves an honest answer.

One excuse that political elites give when they drag nations into war is that the conflict was "inevitable" or "unavoidable." Ralph Raico knew better.

Some have wrongly blamed the current bank failures on the Federal Reserve’s interest rate increases. The real problem is how the Fed encouraged the entire financial system to get addicted to easy money. 

Murray Rothbard was an elite economist, historian, and avowed enemy of the state. His legacy lives on nearly three decades after his untimely passing.

Politicians promise economic miracles, but in the end they waste resources and engage in economic destruction. Newfoundland is a case study.

Federal authorities want us to believe that by bailing out Silicon Valley Bank, they have prevented a financial crisis. Instead, we will have a crisis with bailouts.

When he was president, Donald Trump raised tariff rates, promising it would revitalize American production. It was a costly boondoggle.

Most socialists are not misguided about how to have a prosperous economy, for that is not their goal.